Edison Lithium Terminates Proposed Sale of Interest in Resource Ventures S.A.

Core Points - Edison Lithium Corp. has terminated the proposed sale of its Argentina subsidiary, Resource Ventures S.A., to Mava Gasoil LLC due to Mava's inability to secure necessary funding [1] - The company is currently exploring alternative options for Resource Ventures S.A. and is in discussions with other potential buyers [2] - Any future transaction will be subject to standard conditions, including the negotiation of a definitive agreement and necessary approvals from the TSX Venture Exchange [2] Company Overview - Edison Lithium Corp. is a Canadian junior mining exploration company focused on the procurement, exploration, and development of cobalt, lithium, alkali, and other energy metal properties [3] - The company's acquisition strategy emphasizes acquiring cost-effective and highly regarded mineral properties in areas with proven geological potential [3] - Edison aims to build a portfolio of quality assets to supply critical materials to the battery industry, capitalizing on the renewed interest in battery metals [3]