PepinNini Minerals Limited (AU:PNN) has released an update.
PepinNini Minerals Limited has announced the execution of a Joint Venture Agreement for the Rincon Project in Argentina, marking a significant move towards developing its lithium extraction operation. The agreement secures a US$4 million equity investment from Navigate Energy Technology Limited and follows the successful completion of due diligence, replacing the previous Binding Term Sheet. This partnership aims to establish the Rincon Project as a major lithium producer with Power responsible for project permits and community relations while Navigate contributes processing technologies.
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