Green Technology Metals Limited (ASX:GT1) entered into binding agreement to acquire remaining 20% stake in Ontario Lithium Projects from Ardiden Limited (ASX:ADV) A$16 million on October 24, 2022. Upon completion, moves GT1 to 100% ownership of the Ontario Lithium Projects, including its flagship Seymour Mine Development (currently in PEA phase).The Binding Agreement contains provisions pertaining to pre-completion conduct, warranties and indemnities that are customary for a transaction of this nature. A milestone payment of a further A$2.5 million cash, payable upon JORC-compliant Mineral Resources of more than 20 million tonnes being defined across the Ontario Lithium Projects.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
0.076 AUD | -3.80% |
|
-2.56% | -73.33% |
11/06 | Green Technology Metals Begins Diamond Drill Program at Seymour Project in Ontario | MT |
04/06 | Green Technology Metals CEO to Step Down July 19; Seeks Funding for Canada Project | MT |
Stocks mentioned in the article
Price
|
Change
|
5d. change
|
Capi.
| ||
---|---|---|---|---|---|
0.13 AUD | +4.00% | 0.00% | 5.19M | ||
0.076 AUD | -3.80% | -2.56% | 16.87M | ||
![Consensus](/images/consensus_flch.gif)
EPS Revisions
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-73.33% | 16.87M | |
+27.48% | 85.3B | |
+16.13% | 71.65B | |
-.--% | 29.22B | |
+41.12% | 9.69B | |
+8.04% | 8.98B | |
+17.00% | 8.51B | |
-1.20% | 7.59B | |
+24.39% | 5.82B | |
-38.92% | 5.6B |
- Stock Market
- Equities
- GT1 Stock
- News Green Technology Metals Limited
- Green Technology Metals Limited entered into binding agreement to acquire remaining 20% stake in Ontario Lithium Projects from Ardiden Limited A$16 million.