Lithium explorer / developer
Winsome sees the proposed acquisition as an opportunity to minimize its impact in the development of Winsome's 100%-owned Adina lithium project (Adina), and for the eventual conversion of Renard's existing infrastructure into a lithium processing operation. Other potential opportunities and advantages will also be studied within the next months.
The Option entitles Winsome to acquire the assets or all of the issued capital in Stornoway before
'We think it is a regionally strategic asset with the potential the potential to open-up access to the growing critical mineral and EV battery supply chain hub in the Province of
'Recycling these infrastructures is fully in line with our sustainable development approach, an opportunity to minimize our impact in the development of the Adina project, on the environment by reusing an existing site. It would be irresponsible not to evaluate this possibility. Our priority is to reach out to all our stakeholders and discuss with them their comments and vision of this opportunity.'
ABOUT
The most advanced of Winsome's projects - Adina and Cancet, provide shallow, high grade lithium deposits and are strategically located close to established infrastructure and supply chains.
In addition to its impressive portfolio of lithium projects in
Winsome is led by a highly qualified team with strong experience in lithium exploration and development as well as leading ASX listed companies. More details: www.winsomeresources.com.au
The information contained in this report refers to
Amounts expressed in Canadian dollars (CAD) have been converted from amounts expressed in Australian dollars (AUS) using the
REGARDING FORWARD-LOOKING INFORMATION
This document contains forward-looking statements concerning Winsome. Forward-looking statements are not statements of historical fact and actual events and results may differ materially from those described in the forward-looking statements as a result of a variety of risks, uncertainties and other factors. Forward-looking statements are inherently subject to business, economic, competitive, political and social uncertainties and contingencies. Many factors could cause the Company's actual results to differ materially from those expressed or implied in any forward-looking information provided by the Company, or on behalf of, the Company. Such factors include, among other things, risks relating to additional funding requirements, metal prices, exploration, development and operating risks, competition, production risks, regulatory, including environmental regulation and liability and potential title disputes.
Forward-looking statements in this document are based on the Company's beliefs, opinions and estimates of Winsome as of the dates the forward-looking statements are made, and no obligation is assumed to update forward-looking statements if these beliefs, opinions and estimates should change or to reflect other future developments.
Contact:
Email: administration@winsomeresources.com.au
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