Musk Metals Corp. (CNSX : MUSK) agreed to acquire Pontax South and Il Interdite Lithium Properties in James Bay, Quebec and Retains Benoit Moreau for CAD 0.26 million on June 26, 2023. As part of the consideration, Musk Metals Corp will pay (i) Cash amount of CAD 0.05 million (ii) issue 1.5 million shares to vendors and (iii) (iii) granting a 2% underlying royalty.

The transaction is subject to regulatory approval and expected to close no later than July 31, 2023.