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10 Jan
16:01

LITHIUM: Grid Metals offers update on Lithium Royalty Corp transaction

Ontario-based Grid Metals Corp has won preliminary approval from the Toronto Stock Exchange Venture Exchange to proceed with a private placement financing, royalty sales and asset sales with Lithium Royalty Corp, Kallanish reports. The CAD 6.3 million ($4.9m) deal was announced last November. Grid Metals say the deal will help it finance its developing lithium assets in Manitoba and Ontario. The deal is expected to close soon, pending final documentation and due d…
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