Auroch Minerals Ltd. (AU:FBM) has released an update.
Auroch Minerals Ltd. has successfully completed the sale of 85% of its lithium rights in the Miriam Project, Western Australia, to Future Battery Minerals Limited, receiving A$1 million in cash, over 16 million shares, and up to 120 million performance rights. The deal allows Auroch to focus on its core nickel, copper, cobalt, and gold projects, retaining a 15% interest and free-carry on lithium exploration costs until the completion of a Definitive Feasibility Study, while maintaining full rights to base and precious metals at the Miriam Project.
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