Patriot Lithium Ltd. (AU:PAT) has released an update.
Rapid Lithium Ltd. has signed a binding agreement to acquire New Energy Inc., a subsidiary of Patriot Lithium Ltd., enhancing its strategic lithium holdings in the USA. This transaction involves issuing shares to Patriot and positions Rapid Lithium as a significant player in the South Dakota lithium market. The move aligns with the company’s focus on expanding its hard-rock lithium exploration projects.
For further insights into AU:PAT stock, check out TipRanks’ Stock Analysis page.
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