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LEXI Converts Debt to Shares Amid Growth

Lithium Energi Exploration (TSE:LEXI) has released an update.

Lithium Energi Exploration, Inc. (LEXI) has announced it will settle half of the upcoming interest payment to Arena Investors, LP with the issuance of common shares, at a price determined by recent market values. The transaction is contingent on approval by the TSX Venture Exchange. LEXI, a company specializing in lithium brine assets in Argentina, is listed on multiple exchanges and emphasizes innovation and sustainability in its operations.

For further insights into TSE:LEXI stock, check out TipRanks’ Stock Analysis page.

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