“SQM will also hold the right to appoint a director to Azure’s board of directors.
It will also have the right to form a technical committee to advise on the exploration.
Azure will use the deal proceeds to fast-track lithium exploration on its 60%-owned Andover Project in the West Pilbara region of Western Australia.”
.SQM will become Azure’s largest shareholder.
All looks very familiar!.
PC
Ann: Global lithium producer SQM takes 40% in Pirra Lithium, page-31
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