Idaho Champion Gold Mines Canada Inc (TSE:LTHM) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Champion Electric Metals Inc. has completed the sale of its Baner Gold Project in Idaho to Legacy Gold Mines Ltd., receiving an immediate payment of $75,000, shares, and warrants. The deal promises additional future payments and share warrants, with Legacy taking on operational responsibilities and project management. The agreement will result in Legacy owning 100% of Baner Gold Project, subject to a 1% net smelter return royalty that can be bought out by Legacy for $7.5 million.
For further insights into TSE:LTHM stock, check out TipRanks’ Stock Analysis page.