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16 Dec
14:55

LITHIUM: United Lithium acquires 83.6% stake in Finland project

Canada-based United Lithium says it has acquired an 83.6% stake in a Finland company and its Kietyonmaki lithium project, Kallanish reports. The company has signed a definitive agreement with four companies: Sunstone Metals Ltd, Scandian Metal Pty, Scandian Metals AB and Litiumloydos Oy. United Lithium will pay Sunstone Metals about CAD 420,000 ($328,000) in cash and nearly 700,000 common shares of United Lithium at a price of CAD 0.6022/share. The remaining 16.4%…
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