Vancouver, British Columbia, November 29, 2024 – Edison Lithium Corp. (TSXV: EDDY, OTCQB: EDDYF; FSE: VV0) (“Edison” or the “Company”) is pleased to announce that the TSX Venture Exchange (“TSXV”) has granted conditional acceptance for the proposed sale of the Company’s Argentinian subsidiary, Resource Ventures S.A. (“ReVe”). This follows the non-binding purchase offer received from Mava Gasoil LLC on November 12, 2024, for a total consideration of USD $3,500,000, as previously disclosed in the Company’s November 18, 2024, news release.
Completion of the sale remains subject to several conditions, including the negotiation and execution of a definitive agreement, final TSXV approval, the receipt of shareholder approval if required, and the full payment of the purchase price.
About Edison Lithium Corp.
Edison Lithium Corp. is a Canadian junior mining company focused on the acquisition, exploration, and development of energy metal properties, including lithium, cobalt, and alkali metals. The Company’s strategy emphasizes securing high-potential, cost-effective mineral assets in geologically promising areas. With a growing portfolio of quality resources, Edison is positioned to support the battery industry’s demand for critical materials, aiming to deliver value to its shareholders by capitalizing on the surge in interest within the battery metals sector.
Read the full press release here: https://www.newsfilecorp.com/release/231879/Edison-Lithium-Receives-Conditional-Approval-for-Sale-of-Interest-in-Argentinian-Lithium-Properties
