Core Viewpoint - Lithium South Development Corporation has announced a closing date of April 7, 2026, for the asset sale of its 100% owned Hombre Muerto North Lithium Project package, which has been approved by shareholders [2]. Group 1: Transaction Details - The transaction involves the sale of 100% of the issued and outstanding shares of the wholly-owned subsidiary, NRG Metals Argentina S.A., which holds the title to the Hombre Muerto North Lithium Project package [2]. - The sale will allocate 99% of the shares to POSCO Argentina S.A.U. and 1% to POSCO Holdings Inc. [2]. Group 2: Financial Considerations - The cash consideration for shareholders is set at CAD$0.505 per common share, with the payout expected to be finalized shortly [3]. - The company will apply for delisting from the TSX Venture Exchange and the OTCQB market, as well as cease being a reporting issuer [3]. Group 3: Shareholder Actions - Registered shareholders must complete and return a letter of transmittal to receive the cash consideration for their common shares [4]. - Non-registered shares held with financial intermediaries will be managed by the institution in coordination with Computershare Trust Company [4].