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LiTHOS Embraces Equity-based Compensation and Advances Lithium Tech

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LiTHOS Embraces Equity-based Compensation and Advances Lithium Tech

Alchemist Mining (TSE:LITS) has released an update.

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LiTHOS Group Ltd. has announced the issuance of Restricted Share Units (RSUs) and Performance Share Units (PSUs) to its management and key consultants as non-cash compensation to conserve capital and ensure alignment with the company’s long-term growth. The company is also progressing well with its AcQUA™ technology for Direct Lithium Extraction, which is poised to enhance sustainability and efficiency in lithium production, essential for the burgeoning battery market.

For further insights into TSE:LITS stock, check out TipRanks’ Stock Analysis page.

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