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Lithium South Development ( (TSE:LIS) ) has shared an announcement.
Lithium South Development Corporation has signed a Letter of Intent with a confidential private European corporation for the development and financing of its Hombre Muerto North Lithium Project in Argentina. The agreement outlines provisions for significant project funding and capital loans, potentially impacting the company’s operational capabilities and industry positioning by securing up to 80% of project CAPEX and granting the European partner substantial production rights and equity interests.
More about Lithium South Development
Lithium South Development Corporation operates in the lithium industry, focusing on the development of lithium projects. Its primary project is the Hombre Muerto North Lithium Project located in Salta Province, Argentina. The company is publicly traded on various exchanges including TSX-V, OTCQB, and Frankfurt.
YTD Price Performance: 35.00%
Average Trading Volume: 174,913
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$14.32M
See more data about LIS stock on TipRanks’ Stock Analysis page.