Brief: Ultra Lithium Signs Binding Term Sheet To Sell Laguna Verde Lithium-Brine Projects In Catamarca Province For Up To 50 Million Shares In Power Minerals
17/05/2023 13:10
May 17 (Reuters) - Power Minerals Ltd PNN.AX :
* ULTRA LITHIUM: SIGNS BINDING TERM SHEET TO SELL LAGUNA
VERDE
LITHIUM-BRINE PROJECTS IN CATAMARCA PROVINCE FOR UP TO 50
MILLION SHARES IN POWER MINERALS
* ULTRA LITHIUM: POWER TO PROVIDE SECURED CONVERTIBLE LOAN
SECURED
BY CO'S ARGENTINIAN LITHIUM-BRINE PROJECTS FOR A$1.13M TO
FACILITATE DEAL
Source text for Eikon: ID:nGNX9scRWc
Further company coverage: PNN.AX
((Reuters.Brief@thomsonreuters.com;))
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