Lithium Chile Advances Asset Spin-Out and Strategy

Lithium Chile Inc (TSE:LITH) has released an update.

Lithium Chile Inc. is set to conduct its annual general meeting on July 10, 2024, and has announced a Special Meeting for August 28, 2024, to vote on the spin-out of its lithium and copper/gold/silver assets to newly formed subsidiaries. This strategic move is part of the company’s plan to focus on its Argentinian assets, with management providing updates on the property transfer and a prefeasibility study that promises significant revisions to resource estimates.

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