Vatic Ventures Slashes Costs on Lithium Property Deal

Vatic Ventures Corp (TSE:VCV) has released an update.

Vatic Ventures Corp. has renegotiated the terms of its option agreement to acquire a 100% interest in the Solonópole South lithium property in Brazil, significantly reducing the payment obligations by 60%. The company will now make staggered payments and share issuances over three years to secure full ownership. This strategic move allows more resources to be channeled into exploring these promising lithium pegmatite fields.

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