Tantalex Lithium Resources Corporation C.TTX

Alternate Symbol(s): TTLXF

Tantalex Lithium Resources Corporation is a Canada-based exploration and development stage mining company. The Company is engaged in the acquisition, exploration, development and distribution of lithium, tin, tantalum and other high-tech mineral properties in Africa. It is focused on operating its TiTan tin and tantalum concentrate plant and developing its lithium assets in the prolific Manono area in the Democratic Republic of Congo; The Manono Lithium Tailings Project and the Pegmatite Corridor Exploration Program. The Manono Tailings project covers 105 million mt over 11 dumps, containing Lithium, Tin and Tantalum. The Pegmatite Corridor Exploration project is located southwest of Dathcom Mining with 269 million tons of measured and indicated resources, for which the pegmatite extends throughout its licenses 12447 and 12448.

CSE:TTX - Post by User

Tantalex Lithium Resources Corporation > About AVZ and Manono

<< Previous

Bullboard Posts

Next >>

Comment by Bmobmobmoon May 08, 2022 5:33am

120 Views

Post# 34665174

RE:RE:RE:RE:About AVZ and Manono

Lisan wrote: Thanks.

Ferguson said that AVZ will end up with about 51% of the Manono property.

I wasn't familiar with the german segment though.

END of the day,

AVZ 75% DRC 25%
AVZ to go to 51% on sale of 24% to CATL,
they said that when they announced CATL, t
hey said that last week when they confirmed a MINING LIC decree

This is how we got to 75%

This is how AVZ post CATL settlement will arrive at 51% as expected

15% preemptive rights may or may not have been sold to others,

AVZ says still in advanced discussions to buy the 15% from DRC government,

wont change the fact that AVZ's holding will be 51% post CATL deal

as advised last year

as confirmed last week again in the announcement regarding the mining lic decree last week

AVZ was always majority owner of the JV company with rights to Monaro with initial 60%, Dithimor Mining was a minority shareholder (15%) , its been paid out for its shares by AVZ following a major Capital raising last year (27M)