Brief: Cloudbreak Discovery Signs Exploration Agreement With Lonestar Lithium

Cloudbreak Discovery

27/02/2024 07:30

Feb 27 (Reuters) - Cloudbreak Discovery PLC  CDL.L :
    * AGREEMENT WITH LONESTAR LITHIUM INC.
    * EXPLORATION AGREEMENT FOR ACQUISITION OF ITS PROPRIETARY
DATABASE OF LITHIUM TARGETS IN STATE OF TEXAS
    * TERMS OF TRANSACTION INCLUDE 2.0M SHARES IN LONESTAR
    * TERMS OF TRANSACTION INCLUDE USD$25,000 EACH TIME A
QUALIFYING
TRANSACTION PROPERTY IS GENERATED FROM DATABASE
    * TERMS OF TRANSACTION INCLUDE 0.5% ROYALTY PRODUCED LITHIUM
ON
EACH QUALIFYING TRANSACTION PROPERTY

Source text for Eikon:  ID:nRSa5007Ea 
Further company coverage:  CDL.L 

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