CDN Maverick Capital (TSE:CDN) has released an update.
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CDN Maverick Capital Corp. has renegotiated the payment terms for its Nevasca Lithium Project, opting to receive a reduced cash portion in exchange for a larger equity stake in NOA Lithium Inc., with over 3.1 million shares now held. This strategic move coincides with NOA Lithium’s significant resource expansion at their Rio Grande Salar Lithium Project. The decision reflects Maverick’s focus on long-term shareholder value, leveraging NOA Lithium’s promising exploration results in Argentina.
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