Alchemist Mining (TSE:LITS) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
LiTHOS Group Ltd. has announced its intent to acquire 1481450 B.C. Ltd., which will include the acquisition of Reservoir Imaging Solutions LLC, a holder of the TiERRA™ microseismic imaging technology. This cutting-edge technology is set to enhance LiTHOS’s offerings in the lithium market, with potential applications in geothermal energy and carbon capture. The transaction, pending due diligence and final agreements, is expected to close by July 31, 2024, with financial benefits from RIS’s innovative services already reflected in their recent revenue growth.
For further insights into TSE:LITS stock, check out TipRanks’ Stock Analysis page.