LithiumBank Resources Corp. (TSE:LBNK) has released an update.
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LithiumBank Resources Corp. has successfully sold its Estevan lithium brine project in Saskatchewan for CAD $15 million, exhibiting the effectiveness of their value creation model and strategy for non-dilutive capital generation. The company remains focused on advancing its remaining lithium brine projects in Alberta and Saskatchewan, with pilot DLE testing slated for the upcoming quarter. A finder’s fee of $112,000 was paid in association with the sale, while the company continues to hold significant land positions for lithium exploration.
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