Corazon Mining Limited (AU:CZN) has released an update.
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Corazon Mining Limited has successfully divested 85% of its lithium rights in the Miriam Project to Future Battery Minerals Limited, receiving A$1m in cash, shares, and performance rights. Corazon retains a 15% interest in the lithium rights and remains free-carried on costs until the completion of a feasibility study, while maintaining full ownership of base and precious metal rights. The move enables Corazon to concentrate on its nickel, copper, and cobalt projects across Australia and Canada.
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