FULL CIRCLE LITHIUM CORP. Full Circle Lithium Corp. announced that it is acquiring 100% ownership of its currently leased Georgia Facility. The Company had previously entered into a lease and option to purchase agreement for the Georgia Facility, including the land and all facilities (the ?Lease Agreement?) with an option to purchase the facility and lands at a price of USD 500,000.
The Company has entered into a binding purchase and sale agreement and paid USD 30,000 as a down payment. On closing of the purchase, which is expected in the next few weeks, USD 220,000 will be paid to the vendor and the remaining USD 250,000 will be paid in instalments over the course of next year, subject to certain conditions.
