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Medaro Mining Ends Joint Venture, Becomes Sole Shareholder of GLET

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Medaro Mining Ends Joint Venture, Becomes Sole Shareholder of GLET

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The latest update is out from Medaro Mining ( (TSE:MEDA) ).

Medaro Mining Corp. has terminated its joint venture with Global Lithium Extraction Technologies Inc. to develop lithium extraction technology from spodumene concentrate. As a result of the termination, Medaro has become the sole shareholder of GLET, which may impact its strategic direction and market positioning in the lithium exploration industry.

More about Medaro Mining

Medaro Mining Corp. is a lithium exploration company based in Vancouver, BC. It holds options over several lithium properties in Quebec, including the Darlin, Rapide, Lac La Motte, and CYR South properties, and owns the James Bay Pontax Project.

YTD Price Performance: -28.00%

Average Trading Volume: 10,452

Technical Sentiment Signal: Strong Buy

Current Market Cap: $1.28M

For a thorough assessment of MEDA stock, go to TipRanks’ Stock Analysis page.

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