Brief: Lithium Ionic Enters Into Agreement To Acquire Strategic Lithium Licenses In Brazil

Lithium Ionic

14/06/2022 14:37

June 14 (Reuters) - Lithium Ionic Corp  LTH.V :
    * LITHIUM IONIC ENTERS INTO AGREEMENT TO ACQUIRE STRATEGIC
LITHIUM
LICENSES IN BRAZIL
    * LITHIUM IONIC CORP- ENTERED INTO A BINDING ASSET PURCHASE
AGREEMENT DATED JUNE 13 WITH GALVANI NORDESTE MINERACAO LTDA AND
MGLIT EMPREENDIMENTOS LTDA
    * LITHIUM IONIC CORP- DEAL TO ACQUIRE FROM GALVANI A 100%
OWNERSHIP INTEREST IN TWO LITHIUM MINING LICENSES IN MINAS
GERAIS, BRAZIL
    * LITHIUM IONIC CORP- CO TO PAY GALVANI USD$100,000 ON
EXECUTION
OF AGREEMENT
    * LITHIUM IONIC CORP- CO TO PAY GALVANI USD$3,210,000 ON
CLOSING
OF TRANSACTION

Source text for Eikon:  ID:nGNX3HpSPw 
Further company coverage:  LTH.V 

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