Uranium One Holding N.V. signed a definitive agreements to acquire 15% non-operated stake in Alpha One Lithium B.V. from Alpha Lithium Corporation (TSXV:ALLI) for $30 million on November 29, 2021. Upon completion of the Feasibility Study, Uranium One will have an option to acquire another 35% stake in Alpha One for $185 million. Alpha One may receive a bonus payment up to a maximum amount of $75 million. It is expected that a finder?s fee equal to 4% of the initial $30 million investment will be paid on the Closing Date to an arms-length third party and is to be settled in common shares of the Company at the most recent closing price of $1.23 per share. The shares will be subject to a hold period of four months plus one day from the date of issuance. Alpha has an option to sell its equity stake in Alpha One if Uranium One were to issue a large capital call associated with a plant expansion in which Alpha may choose not to participate in, in such events, Alpha would receive fair market value plus a premium of 25% for its ownership in Alpha One and have a right of first offer to solicit higher offers. The transaction is subject to standard closing conditions including approval of the transactions contemplated herein by the TSX Venture Exchange. Alpha will retain full control of Tolillar, management, and the board, and will be responsible for deploying the invested capital. Miller Thomson LLP and Fox Williams LLP acted as legal advisors to Alpha and Fort Capital Partners and Lionsgate West Capital acted as financial advisors to Alpha with respect to this transaction. Rothschild & Co is acting as an exclusive financial advisor and Freshfields LLP as a legal advisor to Uranium One. Expected closing date is January 31, 2022.