Global Battery Metals expands lithium footprint in Ireland
With the acquisition, the Leinster lithium project will grow to around 775km², comprising about 22 mineral claims.
14 December 2023
14 December 2023
With the acquisition, the Leinster lithium project will grow to around 775km², comprising about 22 mineral claims.
Kin Mining will receive A$15m ($9.8m) in cash and 21.9 million Genesis shares worth A$38.5m as consideration for the transaction.
Gold Line shareholders will receive 0.7382 shares of Barsele for each Gold Line share held.
The recycling facility will recover platinum group metals (PGMs) from responsibly sourced spent automotive catalytic converters.
The company will use the proceeds to support exploration activities and working capital requirements.
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As per the memorandum of understanding (MOU), First Quantum can earn an option to acquire up to a 70% interest in the Mt Sholl nickel-copper-platinum group elements (Ni-Cu-PGE) project.
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