Arbor Metals Corp. (TSXV:ABR) entered into an agreement to acquire Kemlee Lake Lithium Corp. for CAD 0.87 million on May 16, 2024.

Pursuant to the terms of the Purchase Agreement, Arbor proposes to acquire all of the outstanding share capital of Kemlee in consideration for the issuance of 1,500,000 common shares to the Vendor. Completion of the acquisition remains subject to the approval of the TSX Venture Exchange and the satisfaction of customary closing deliveries.