Eastern Resources Limited (ASX:EFE) entered into a binding agreement to acquire 70% interest of Lepidolite Hill Lithium Project from Lithium Australia Limited (ASX:LIT) for AUD 0.55 million on May 8, 2023. The consideration will be paid in three tranches: Tranche 1: AUD 50,000 deposit within 10 business days of execution; Tranche 2: AUD 100,000 at Completion (which will take place 20 business days after signing); and Tranche 3: AUD 400,000 within 10 business days of the date that M15/1874 is granted and transferred to Eastern Resources.
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Other stock markets
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5-day change | 1st Jan Change | ||
0.028 AUD | -3.45% | 0.00% | -6.67% |
Apr. 16 | Lithium Australia Signs MOU with Centrex for Manufacturing Plant Development | MT |
Apr. 05 | Lithium Australia Draws Down AU$1.3 Million from Mineral Resources | MT |
Stocks mentioned in the article
Price
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Change
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5d. change
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Capi.
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0.028 AUD | -3.45% | 0.00% | 22.32M | ||
0.007 AUD | -12.50% | -22.22% | 5.67M | ||
1st Jan change | Capi. | |
---|---|---|
-6.67% | 22.32M | |
+35.87% | 90.41B | |
+18.63% | 72.53B | |
-.--% | 27.75B | |
+48.73% | 10.49B | |
+24.16% | 9.2B | |
+12.94% | 8.86B | |
-8.73% | 6.9B | |
+44.50% | 6.78B | |
+23.28% | 5.19B |
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- Eastern Resources Limited entered into a binding agreement to acquire 70% interest of Lepidolite Hill Lithium Project from Lithium Australia Limited for AUD 0.55 million.