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Chariot Corporation Limited ( (AU:CC9) ) has provided an announcement.
Chariot Corporation Limited, through its subsidiary Panther Lithium Corporation, has amended its agreement with Black Mountain Lithium Corp. to enhance financial flexibility. The revised terms extend the payment schedule for a total of USD $1,450,000 over seven installments until September 2026 and include the issuance of 2 million Chariot shares, reflecting a strategic move to manage financial commitments while potentially impacting shareholder value and market positioning.
More about Chariot Corporation Limited
Chariot Corporation Limited operates in the lithium industry through its subsidiary, Panther Lithium Corporation. The company focuses on lithium exploration and development, positioning itself in the growing market for lithium resources.
YTD Price Performance: -33.57%
Average Trading Volume: 83,288
Technical Sentiment Signal: Buy
For an in-depth examination of CC9 stock, go to TipRanks’ Stock Analysis page.