PepinNini Minerals Limited (AU:PNN) has released an update.
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Power Minerals Limited is taking steps to recover a debt from Ultra Lithium Inc. by appointing a receiver over its assets. The company has issued a formal notice under Canadian law, aiming to secure repayment of over AUD $1 million under a convertible loan agreement. This move highlights Power Minerals’ focus on enforcing its financial rights and resolving the ongoing dispute with Ultra Lithium.
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