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04 Jul
10:01

Nickel X to acquire nickel, lithium projects in Europe

Nickel X has executed an exclusive option to acquire 100% of an advanced nickel and an advanced hard rock lithium exploration project in the Czech Republic, Kallanish reports.  The Australian miner will pay €50,000 ($54,508) cash for a six-month option period to Aurum Discovery. The acquisition deal includes a 2% net smelter return royalty and the issuance of around a 12.5% stake to ADL and Nickel X agreeing to spend at least €1 billion in explorati…
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