Lithium Power International declines most in 2 weeks on sale of lithium project

Lithium Power International

24/11/2021 24:16

** Shares of Lithium Power International  LPI.AX  fall as
much as 5.1% to A$0.465, their worst intraday session since Nov
10
    ** LPI to sell 70% of lithium exploration properties on the
Centenario Salar project in Argentina to Canada-based co Vertex
Lithium Corporation  urn:newsml:reuters.com:*:nASN001X7X
    ** CO received cash payment of USD$700,000 for the deal
    ** Stock trades at its lowest since Nov 11
    ** Stock has risen 122.7% YTD as of last close 

 (Reporting by Aneetta Thomas in Bengaluru)
 ((Aneetta.Thomas@thomsonreuters.com;))