Edison Lithium Corp - Mining Stock Analysis & Updates

Edison Lithium Provides Update on Sale of Interest in Argentinian Lithium Properties

Edison Lithium Announces Extension of Term of Warrants

Edison Lithium Corp. plans to extend the expiry date of 4 million share purchase warrants by 24 months to October 26, 2027, maintaining the exercise price at $0.20. The extension requires approval from the TSX Venture Exchange.

Edison Lithium Receives Initial Deposit for Sale of Interest in Argentinian Lithium Properties

Edison Lithium Corp. announced the receipt of a $100,000 deposit from Mava Gasoil LLC as part of a $3.5 million deal to sell its Argentina subsidiary, Resource Ventures S.A. The transaction is pending final documentation and TSXV approval, expected to complete by February 2025.

Edison Lithium Receives Conditional Approval for Sale of Interest in Argentinian Lithium Properties

Edison Lithium Corp. announces conditional acceptance for sale of Argentina subsidiary for $3.5M.

Edison Lithium Arranges Sale of Interest in Argentinian Lithium Properties for US$3.5 Million

Edison Lithium Corp. has accepted a non-binding purchase offer from Mava Gasoil LLC for the sale of 100% interest in its Argentina subsidiary, Resource Ventures S.A., for $3.5 million. The sale excludes certain mining properties and royalties which will be retained by Edison. The agreement includes 30 mining concessions covering around 104,538 hectares in Catamarca Province, Argentina. The parties aim to close the transaction within 45 days of TSX Venture Exchange approval. The payment terms include an initial deposit of $100,000, with further payments totaling $3.4 million to be made on closing. As of the date of the announcement, the initial deposit has not yet been made.