Pure Resources Limited (AU:PR1) has released an update.
Pure Resources Limited has been actively exploring and preparing for the future of its battery metals projects, with a strategic focus on the critical minerals sector. The company sold its Finnish assets, including the Kast and Kova Reservations, for $190,000, and retained a 2% royalty on future mineral production. The remaining Scandinavian projects show promising geological similarities to established deposits, highlighting the potential for lithium and other mineral exploitation.
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