Brief: Power Minerals Signs Binding Term Sheet With Ultra Lithium Inc.
16/05/2023 02:39
May 16 (Reuters) - Power Minerals Ltd PNN.AX :
* SIGNS BINDING TERM SHEET WITH ULTRA LITHIUM INC.
* DEAL TO ACQUIRE 100% OF ULTRA LITHIUM'S ARGENTINIAN
LITHIUM
SUBSIDIARIES IN CATAMARCA PROVINCE, NORTH-WEST ARGENTINA
* WILL PROVIDE SECURED CONVERTIBLE LOAN FOR A$1.13M TO
FACILITATE
THE TRANSACTION
Source text for Eikon: ID:nASX7F98MB
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