Arbor Metals Corp. (TSXV:ABR) agreed to acquire Corvette Lake Lithium Corp. for CAD 1.121 million on February 23, 2024. In accordance with the terms of the Purchase Agreement, the Company acquired all 1,425,000 outstanding common shares of CLL in consideration for cash payments to the shareholders of CLL in the amount of CAD 0.50 per share. Following completion of the Transaction, there remains a total of 50,000 outstanding performance-linked preferred shares of CLL which are not held by the Company.

Arbor Metals Corp. (TSXV:ABR) completed the acquisition of Corvette Lake Lithium Corp. on February 26, 2024