Acme Lithium (TSE:ACME) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
ACME Lithium Inc. has amended its agreement with Eagle Battery Metals Corp., granting them exclusive rights to acquire 100% interest in the Fish Lake Valley lithium project in Nevada. The deal, which includes additional time for payments and exploration expenditures, requires EBM to make financial commitments totaling over $5 million along with exploration expenditures. Should EBM initiate commercial production, they will owe ACME a 1% Net Smelter Return royalty, with options to reduce the royalty for a fee.
For further insights into TSE:ACME stock, check out TipRanks’ Stock Analysis page.