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Western Lithium USA Corporation (TSX:WLC,OTCQX:WLCDF) announced that its subsidiary, Hectatone Inc., has signed an agreement with Raw Materials Corporation (RMC) whereby RMC will sell Western Lithium’s Hectatone™ products in five US states.
Western Lithium USA Corporation (TSX:WLC,OTCQX:WLCDF) announced that its subsidiary, Hectatone Inc., has signed an agreement with Raw Materials Corporation (RMC) whereby RMC will sell Western Lithium’s Hectatone™ products in five US states.
As quoted in the press release:
For over 20 years until August 2014, RMC had been the exclusive US distributor of organophilic clays, including hectorite clay-based products, for the current preeminent supplier to the oilfield industry. Going forward, RMC will have the exclusive right to sell certain organophilic bentonite, hectorite and other clay-based Hectatone™ products in Texas, Oklahoma, Arkansas, Louisiana and New Mexico. Hectatone™ has reserved the right to sell directly to a number of specific other oilfield service and supply companies that it is currently in purchasing discussions with.
Click here to read the Western Lithium USA Corporation (TSX:WLC,OTCQX:WLCDF) press release
