Infinity Lithium has signed a binding letter of intent to sell its non-core Banio and Mamana potash projects in Gabon to an unnamed buyer for up to USD$3 million in cash or shares. The buyer has a 12-month option to pay the full amount in cash or pay USD$2 million in shares in a public or private entity with a further USD$1 million in shares to be paid on delivery of a JORC-compliant scoping study within three years.
09/07/2019 - 09:16
Infinity Lithium divests African potash projects
By Matt Birney
09/07/2019 - 09:16
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Infinity Lithium CorporationClosing price for the last 90 trading daysPowered by Morningstar ®
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Rank Company Revenue 219th Infinity Lithium Corporation $277k 242nd QX Resources $189k 243rd Alchemy Resources $188k 245th Magnum Mining & Exploration $185k 246th Corazon Mining $175k 604 listed resources wa companies ranked by revenue.
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