TSXV:ILI - Post Discussion
Post by
howestreetbull on Aug 18, 2022 9:10am
TGM on the move !!!
Vancouver, British Columbia--(Newsfile Corp. - June 22, 2022) - IMAGINE LITHIUM INC. (TSXV: ILI) (OTCQB: ARXRF) (the "Company" or "Imagine") announced today that it has completed the sale of all of its holdings in the Red Lake area to Trillium Gold Mines Inc. ("Trillium") (TSXV: TGM), and Pegasus Resources Inc. ("Pegasus") (TSXV: PEGA). Further to the news releases dated April 27, 2022 and December 15, 2021, Trillium and Imagine have closed the Definitive Agreement (the "Definitive Agreement") whereby Trillium has acquired a majority of Imagine's property holdings known as the Eastern Vision Project, located in the Confederation Lake assemblage of the Birch-Uchi greenstone belt in the Red Lake District, Ontario. Under the terms of the transaction, Trillium has acquired an interest in 13,958 hectares between the Fredart, Confederation North, and Confederation South properties for a consideration of 2,800,000 common shares of Trillium and $175,000 in cash. These properties include a mix of properties that Trillium has acquired directly and others for which Trillium as assumed option agreements as optionee.... $TGM nice popski
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