Armada Metals Ltd. (AU:AMM) has released an update.
Armada Metals Limited is undergoing a significant transformation with its acquisition of Midwest Lithium, a strategic move aimed at expanding its exploration and development of lithium projects in the USA. Alongside this acquisition, the company has successfully raised A$1.35 million to support its exploration and tenement acquisition activities, signaling a robust commitment to becoming a diversified explorer in critical metals across the USA and Africa. With a forthcoming name change to Rapid Lithium Limited, Armada is poised to enhance its role in the lithium supply chain, leveraging its in-house expertise to capitalize on new opportunities.
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