Glen Eagle Acquires the “Lamotte” Lithium Deposit
Investing News Network - June 11th, 2010
Glen Eagle Resources Inc. (TSX VENTURE:GER) announced the acquisition (100%) of a major part of the LaMotte lithium deposit from a private party.
Glen Eagle Resources Inc. (TSX VENTURE:GER) announced the acquisition (100%) of a major part of the LaMotte lithium deposit from a private party.
The press release is quoted as saying:
Glen Eagle is truly pleased to acquire an advanced lithium project which meets management’s goal to look for acquisitions with limited risk, significant upside potential, and minimal dilution to its shareholders. This is precisely what was achieved with the current transaction.