New World Resource’s LOI With Li3 Energy Has Expired

New World Resource Corp. (TSXV) reported that the letter of intent with Li3 Energy has expired.

As quoted in the press release:

The Company will continue to pursue and evaluate other means of commercializing the Company’s lithium assets and management will continue to investigate strategic partnership opportunities to further develop the project and enhance the value of the Company’s other lithium asset; a 18% interest in Perfect Lithium Corp., a privately held lithium technology company.

Click here to read the New World Resource Corp. (TSXV) press release.