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Lithium South is pleased to announce that it has signed a Share Purchase Agreement (“SPA”) with POSCO Argentina S.A.U. (“POSCO”) which establishes the terms for the sale of NRG Metals Argentina S.A., the wholly owned subsidiary of the Company (the “Transaction”) and 100% holder of the Hombre Muerto North Lithium Project, Sophia I, II and III claims as well as the recently acquired Hydra X and XI claims located in Salta Province, Argentina. Terms of the sale are a cash price of US$65 million before taxes.
$LIS $LISMF $TSLA #Lithium #LithiumMining #HombreMuerto #ArgentinaMining #EVBattery #BatteryMetals #CriticalMinerals #CleanEnergy #MiningNews #LithiumDeal
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