Elevra Lithium Completes Sale Of Its Rights, Interests And Obligations Associated With E45/2364 To Wildcat For $16M Plus Ongoing Royalty
North American lithium producer Elevra Lithium Limited ("Elevra" or "Company") ((ASX:ELV, NASDAQ:ELVR) is pleased to announce that it has completed a transaction with Wildcat Resources Limited
Elevra sold rights to a mining project to another company for $16 million upfront plus future payments. This means Elevra got cash now but gave up potential future earnings from that project.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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