Lithium Universe Strengthens Leadership as It Shifts Into Lithium Project Execution Phase

Esports Mogul Limited ( (AU:LU7) ) has issued an update.

Lithium Universe has appointed Executive Chairman Iggy Tan as full-time Chief Executive Officer, consolidating leadership as the company moves from feasibility into project delivery across its lithium refinery portfolio. Tan, who led completion of the Bécancour Lithium Refinery definitive feasibility study and the “Closing the Lithium Conversion Gap” strategy, will receive a combined chairman and CEO salary package plus a substantial, option-based incentive plan, subject to shareholder and regulatory approval.

The company has also elevated non-executive director Dr Jingyuan Liu to part-time Executive Director to bolster technical leadership for its lithium and recycling initiatives. Liu will oversee key engineering and feasibility work for the proposed Brownsville, Texas refinery and help advance both the Québec refinery and PV solar panel silver extraction technology, underlining Lithium Universe’s push into an active project development and execution phase amid early signs of lithium market recovery.

The most recent analyst rating on (AU:LU7) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Esports Mogul Limited stock, see the AU:LU7 Stock Forecast page.

More about Esports Mogul Limited

Lithium Universe Limited is an Australian lithium development company focused on building lithium conversion and refining capacity to support global battery supply chains. Its key assets include the Bécancour Lithium Refinery Project in Québec and a proposed second lithium refinery at the Port of Brownsville in Texas, alongside a silver extraction technology linked to photovoltaic solar panel recycling.

Average Trading Volume: 2,227,151

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$12.93M

See more data about LU7 stock on TipRanks’ Stock Analysis page.