20th Sep 2023 20:20
Great Southern Copper PLC - Chile-focused copper-gold exploration company - Executives binding term sheet for Monti lithium project in Salar de Atacama, Chile's premier lithium producing region. Project has 23,500 hectares of concession area under application. Pays initial USD10,000 to sellers with further payments over 3 years for a total value of USD2.3 million. Chief Executive Officer Sam Garrett says: "The Monti lithium project delivers on the company's strategic objective to add a third project to its portfolio and further emphasises the company's enduring and important relationship with our in-country partners. Our partners ability to identify projects of significance is a great asset to GSC."
Current stock price: 3.52 pence, closed 10% higher on Wednesday in London
12-month change: up 28%
By Tom Budszus, Alliance News reporter
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