GREY:WTCRF - Post by User
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Betteryear2on Apr 26, 2022 8:32am
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Post# 34631402
Western Troy Pivots to Lithium
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.