Brief: Loyal Lithium To Acquire Controlling Majority Stake In Hidden Lake Lithium Project

PMET Resources

12/04/2023 01:57

April 12 (Reuters) - Loyal Lithium Ltd  LLI.AX :
    * TO ACQUIRE A CONTROLLING MAJORITY STAKE IN HIDDEN LAKE
LITHIUM
PROJECT
    * FULLY-FUNDED TO COMPLETE PROPOSED ACQUISITION AND
UNDERTAKE
EXPLORATION AND FEASIBILITY WORKSTREAMS INTO CY2025
    * ACQUISITION FORMALISES JOINT VENTURE ARRANGEMENT BETWEEN
LOYAL
LITHIUM AND PATRIOT BATTERY METALS
    * LOYAL LITHIUM - IF COMPLETED, ACQUISITION WILL RESULT IN 
CHANGE
OF NATURE FOR CO, FROM GOLD EXPLORATION TO LITHIUM EXPLORATION
AND DEVELOPMENT CO

Source text for Eikon:  ID:nASXJnnlg 
Further company coverage:  LLI.AX 

 ((Reuters.Briefs@thomsonreuters.com;))