Eastern Resources Limited (ASX:EFE) entered into a binding agreement to acquire 70% interest of Lepidolite Hill Lithium Project from Lithium Australia Limited (ASX:LIT) for AUD 0.55 million on May 8, 2023. The consideration will be paid in three tranches: Tranche 1: AUD 50,000 deposit within 10 business days of execution; Tranche 2: AUD 100,000 at Completion (which will take place 20 business days after signing); and Tranche 3: AUD 400,000 within 10 business days of the date that M15/1874 is granted and transferred to Eastern Resources.
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Other stock markets
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5-day change | 1st Jan Change | ||
0.027 AUD | 0.00% | 0.00% | -10.00% |
May. 09 | Lithium Australia Flags AU$4.1 Million Additional Provision Over 2019 Fire | MT |
Apr. 16 | Lithium Australia Signs MOU with Centrex for Manufacturing Plant Development | MT |
Stocks mentioned in the article
Price
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Change
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5d. change
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Capi.
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---|---|---|---|---|---|
0.027 AUD | 0.00% | 0.00% | 22.04M | ||
0.007 AUD | 0.00% | -12.50% | 5.81M | ||
1st Jan change | Capi. | |
---|---|---|
-10.00% | 22.04M | |
+48.75% | 101B | |
+27.60% | 78.81B | |
-.--% | 28.21B | |
+65.40% | 11.44B | |
+17.07% | 9.66B | |
+28.64% | 9.66B | |
+7.83% | 8.04B | |
+43.94% | 7.01B | |
-39.48% | 5.67B |
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- Eastern Resources Limited entered into a binding agreement to acquire 70% interest of Lepidolite Hill Lithium Project from Lithium Australia Limited for AUD 0.55 million.