Corcel Plc (AIM:CRCL) exercised its option to acquire Canegrass Lithium project from Huntsman Exploration Inc. (TSXV:HMAN) for £0.2 million on April 3, 2023. As per the terms, Corcel will issue 50,000,000 new ordinary shares equating to £200,000 consideration in aggregate. The shares will be issued following Corcel's upcoming General Meeting, currently scheduled for 26 April 2023, with an additional announcement expected to be made in due course.