Corazon Mining Limited (AU:CZN) has released an update.
Future Battery Minerals Ltd (FBM) has completed a pivotal acquisition, securing an 85% stake in the Miriam Lithium Project, previously owned by Corazon Mining Limited. This strategic move not only expands FBM’s holdings in a promising region but also sets the stage for efficient and targeted lithium exploration, with initial drilling slated for Q3 2024. The acquisition was funded through a successful A$6M placement aimed at driving the aggressive exploration of lithium targets within the newly acquired project.
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