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The latest update is out from Delta Lithium Limited ( (AU:DLI) ).
Zeus Resources Limited, a company involved in the mining industry, has sold its 100% interest in the Mortimer Hills Project to Electrostate Pty Ltd, a subsidiary of Delta Lithium Limited, for an upfront payment of $150,000. The agreement includes a structured royalty, allowing Zeus to benefit from future lithium resource discoveries. This strategic move strengthens Zeus’s balance sheet and allows the company to focus on other projects while retaining potential upside from the Mortimer Hills Project.
More about Delta Lithium Limited
Average Trading Volume: 628,995
Technical Sentiment Signal: Buy
Current Market Cap: A$121.8M
See more data about DLI stock on TipRanks’ Stock Analysis page.