Brief: Power Minerals Enters Into Term Sheet With Summit To Develop Multi-Salar Lithium Project In Salta
March 23 (Reuters) - Power Minerals Ltd PNN.AX: ENTERS INTO TERM SHEET WITH SUMMIT TO DEVELOP WORLD'S FIRST MULTI-SALAR LITHIUM PROJECT IN SALTA EXPLORE WILL ALSO SECURE UNDER DEFINITIVE AGREEMENT OPTION TO ACQUIRE SALTA PROJECT FOR US$50 MILLION UNDER DEAL, SUMMIT EXPLORE CORP WILL SECURE OPTION TO ACQUIRE 59% JV INTEREST OVER PROJECTS Further company coverage: PNN.AX ((Reuters.Briefs@thomsonreuters.com;))
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