PepinNini Minerals Limited (AU:PNN) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Power Minerals Limited has reached a settlement with Ultra Lithium to resolve outstanding debts from a convertible loan agreement. The settlement includes a cash repayment of A$450,000 and the transfer of Ultra Lithium’s mineral claims in Canada, including the promising Forgan Lake and Lake Jean Lithium Projects. This agreement allows Power Minerals to secure valuable lithium assets while avoiding further legal costs.
For further insights into AU:PNN stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- Oppenheimer Pounds the Table on Coinbase Stock
- New “Anti-Woke” ETF Targets Starbucks (NASDAQ:SBUX)
- Ford (NYSE:F) Plans New EV Plant
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.