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05 Oct
14:54

E3 Lithium acquires Clearwater lithium brine project royalty

Alberta-based E3 Lithium has acquired the Clearwater Project Gross Overriding Royalty, Kallanish reports. The royalty had been negotiated in 2016 during the original amalgamation of E3 Lithium’s permits for the Clearwater project within the Bashaw District. The royalty would have provided the original owner a 2.25% of gross revenue from any metallic and industrial mineral production. The company had an option to purchase the royalty through 30 September…
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