SPOD Lithium Announces Sale of its North Nipigon Lithium Project in Ontario and Change in Management

Core Viewpoint - SPOD Lithium Corp. has entered into a property purchase agreement to sell its North Nipigon lithium exploration property to Imagine Lithium Inc. for $30,000, aligning with the company's focus on its flagship assets [1][2]. Group 1: Transaction Details - SPOD sold its 100% interest in the North Nipigon lithium exploration property for a total consideration of $30,000, payable in cash [2]. - The transaction was conducted at arm's length, with no finder's fee or commission payable [2]. Group 2: Management Changes - Mathieu Couillard has resigned as director, CEO, and President of SPOD effective December 19, 2025, with the company expressing gratitude for his service [3]. - Veronique Laberge has been appointed as interim CEO and director, while the Board will search for a permanent CEO to guide the company into its next phase [4]. Group 3: Company Overview - SPOD Lithium Corp. is focused on exploring and developing lithium resources, with properties located in Quebec and Ontario, Canada, known for rich lithium deposits [5]. - The company emphasizes a strategic approach to resource management and sustainable practices to drive innovation and deliver stakeholder value [5].