Lithium One Signs MOU with Emerging Lithium Producer Galaxy Resources

Lithium One Inc. (TSXV:LI) signs a Memorandum of Understanding with Galaxy Resources Limited (ASX:GXY) of Australia.

The press release is quoted as saying:

Lithium One Inc. is a Canadian-based explorer and developer of mineral properties with a specific focus on lithium. Once the Definitive Agreement contemplated by this MOU is executed, the Company will have two major lithium projects funded through feasibility by earn-in partners: the brownfields Sal de Vida lithium brine project in Argentina partnered with KORES, LG International and GS Caltex; and the James Bay bulk tonnage spodumene project in Quebec partnered with Galaxy Resources.

Click here to access the entire press release