Argentina Lithium Enters into Amendment to Amelia Option Agreement
Prnewswireยท2025-08-13 11:00
In addition, ALE must invest US$2,000,000 in the Amelia Properties during the calendar year 2026 and US$4,000,000 during the calendar year 2027. Pursuant to the Fourth Addendum, the Company must also issue the equivalent number of Company shares (the "Option Shares") having a value of US$100,000 to the Amelia Optionor at a price of $0.06 per share using the Bank of Canada exchange rate of $1.4376 (CAD/USD) as at March 31, 2025, being the date of the Third Addendum. The issuance of the Option Shares is subje ...