Lithium Energy Ltd. (AU:LEL) has released an update.
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Lithium Energy Ltd. has revised the terms of its US$63 million sale of a 90% stake in the Solaroz Lithium Project in Argentina to CNGR, eliminating all conditions precedents. The amended deal involves staggered payments, with a significant portion of shares transferred by January 2026 and funds to support future operations. Shareholder approval is anticipated in early 2025 to finalize the agreement.
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