Brief: Ookami Ltd Says To Buy Two Advanced Lithium Exploration Permits In Mali

First Lithium

03/11/2022 03:52

Nov 3 (Reuters) - Ookami Ltd  OOK.AX :
    * OOKAMI TO ACQUIRE ADVANCED LITHIUM EXPLORATION PROJECT
    * ENTERED A BINDING AGREEMENT TO BUY 100% INTEREST IN 2
ADVANCED
LITHIUM EXPLORATION PERMITS IN MALI
    * INTENDS TO RAISE ABOUT A$2 MILLION (BEFORE COSTS) VIA 
PUBLIC
OFFER TO SUPPORT EXPLORATION OF NEWLY ACQUIRED PROPERTIES
    * VENKATESH PADALA WILL BE APPOINTED AS CEO AND MANAGING
DIRECTOR
    * LEE CHRISTENSEN WILL BE APPOINTED AS NON-EXECUTIVE
CHAIRMAN
    * INTENDS TO APPLY FUNDS FROM PUBLIC OFFER ON EXPLORATION
EXPENDITURE ON MALI LITHIUM AND MESSOK EAST PROJECTS, AMONG
OTHERS

Source text for Eikon:  ID:nASXbMXHwz 
Further company coverage:  OOK.AX 
 ((Reuters.Briefs@thomsonreuters.com;))