Is WML the most undervalued Lithium stock on the market?, page-60

JADAR EXECUTES MOU WITH YAHUA TOACQUIRE AND DEVELOP LITHIUM PROJECTSHighlights§ Jadar executes non-binding Memorandum of Understanding (“MOU”) with YahuaInternational Investment and Development Co. Ltd (“Yahua”)§ MOU for a strategic partnership to acquire and develop lithium projects and supplyspodumene concentrates globally§ Under the MOU the parties are to enter into a Strategic Partnership Agreement within6 months§ Under the proposed Strategic Partnership Agreement Jadar will sell 100% of thelithium concentrate from the lithium projects it controls to Yahua§ Yahua has the right to participate in an equity stake of up to 80m Shares (approx. 10%)at $0.045Jadar Resources Limited (ASX:JDR) (“Jadar,” the “Company”) is pleased to announce that ithas signed a non-binding Memorandum of Understanding (“MOU”) Yahua InternationalInvestment and Development Co Ltd for the establishment of a long-term strategicpartnership for the development and acquisition of lithium projects and for the supply ofspodumene concentrates.The MOU sets out the terms for discussion, to comprise the Strategic Partnership Agreement.Jadar Resources’ Executive Director Adrian Paul commented:“I am extremely excited to progress this MOU and strategic partnership with Yahua. The EVand lithium markets have seen substantial growth over the past year as global adoption of EVtechnologies starts to materialise. The MOU provides a potential mechanism for both thedevelopment of our current lithium assets as well as an avenue for further growth in theportfolio through acquisition.”