Monumental Energy Seals Lithium Project Deal

Monumental Gold Corp. (TSE:MNRG) has released an update.

Monumental Energy Corp. has finalized the sale of its rights in the Salar de Turi lithium project to Summit Nanotech Corporation, receiving $725,000 and a 2% net smelter return royalty on future production. The deal follows an initial option agreement with Lithium Chile, granting Monumental the option to acquire a majority interest in the project. In related news, Monumental has granted stock options to its key personnel allowing them to purchase shares at a set price for the next three years.

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