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Bullboard - Stock Discussion Forum Li3 Lithium Corp V.LILI

Alternate Symbol(s):  WTCRF

Li3 Lithium Corp. is a Canada-based company that is focused on acquiring and developing hard rock spodumene lithium assets in Zimbabwe and the Americas. The Company has acquired approximately 50% interest in Li3 Resources Inc. (Li3). Li3 plans to acquire a portfolio of prospective lithium exploration projects, which include Mutare Lithium Project. The Mutare Lithium Project consists of 1,500... see more

TSXV:LILI - Post Discussion

Li3 Lithium Corp > Western Troy Pivots to Lithium
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Post by Betteryear2 on Apr 26, 2022 8:32am

Western Troy Pivots to Lithium

  • Investment to Acquire 50% Interest in Li3 Resources Represents a Major Milestone and Pivot of the Company's Exploration Strategy to Lithium

Toronto, Ontario--(Newsfile Corp. - April 26, 2022) - Western Troy Capital Resources Inc. (TSXV WRY) (the "Company") is pleased to announce it has entered into an equity subscription agreement (the "Investment Agreement") with Li3 Resources Inc. ("Li3") dated April 25, 2022 whereby the Company will acquire 500 common shares (the "Li3 Shares") in the capital of Li3 at a price of US$600 per Li3 Share for a subscription price of US$300,000. Upon issuance of the Li3 Shares, the Company will hold fifty percent (50%) of the outstanding Li3 Shares.

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