The TSX Venture Exchange has accepted for filing documentation with respect to the arm's-length acquisition of 33 sections of land, consisting of approximately 8,498 hectares, located in the Kindersley lithium project in western Saskatchewan. As total consideration for the property, the company will provide the vendor with $175,000 in cash and further issue 779,557 common shares in the capital of the company, subject to certain escrow terms, at a deemed price of approximately 32 cents per common share.
For further details, please refer to the company's news releases dated March 1, 2023, and March 16, 2023.
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