Winsome Resources

On the Road to Canadian Lithium Production - Maiden Mineral Resource

Corporate Presentation - December 2023

Winsome Resources (ASX:WR1; “Winsome” or “the Company”) is pleased to present its investor presentation.


Click here for the full ASX Release

This article includes content from Winsome Resources, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

WR1:AU
The Conversation (0)
Restructure of the Renard Option

Restructure of the Renard Option

Highlights

  • Reduction of initial payment upon exercise of the option from C$15 million to C$1 million .
  • The balance of the Renard consideration payment delayed until 2026 and 2027.
  • Renard Option restructure preserves shareholder value by deferring material payments by 12 months and extending the payment consideration period to 30 months from exercise.
  • Option to Acquire the Renard Project extended to 28 February 2025 , at a cost of $2 million .
  • Extension gives Winsome scope to explore opportunities to bring in a strategic partner in 2025 and assess various commercial and corporate opportunities to reduce the costs associated with the potential acquisition.

Lithium explorer and developer Winsome Resources (ASX: WR1) (Winsome or the Company) announces it has agreed to an amended consideration structure with Stornoway Diamonds ( Canada ) Inc. ( Stornoway ) and 11272420 Canada Inc. (together the Vendors) whereby Winsome elects to exercise its exclusive option over the Renard Project (Option) 1

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Winsome Resources

Winsome Further Expands Lithium Exploration Footprint in Quebec

Perth-based lithium exploration and development company Winsome Resources (ASX:WR1; “Winsome” or “the Company”) is pleased to advise it has partnered with geology specialist Mr Glenn Griesbach and with local prospector Mr Marc de Keyser.

Keep reading...Show less
Winsome Resources

Quarterly Report for Period Ending 31 March 2022

Winsome Resources Limited (ASX: WR1) ("the Company" or "Winsome Resources ") is pleased to report on its Quarterly activities for the period ending 31 March 2022.

Keep reading...Show less
Pursuit Minerals

Pursuit Dispatchs 99.5% Lithium Carbonate Samples to Potential Strategic Partners as Feasibility Studies Progress

Pursuit Minerals Ltd (ASX: PUR) (“PUR”, “Pursuit” or the “Company”) is pleased to announce that high- purity lithium carbonate samples have been dispatched to multiple parties as part of its engagement with prospective offtake and strategic partners. The samples were produced from the Company’s 250tpa Pilot Plant in Salta, Argentina, using synthetic brine chemically identical to that of the Rio Grande Sur Lithium Project.

Keep reading...Show less
Ioneer Ltd

Ore Reserve Quadruples for Rhyolite Ridge Project; Reaffirms Robust Project Economics

Ioneer Ltd (ASX: INR, Nasdaq: IONR) (Ioneer) is pleased to announce a 308% upgrade to the Ore Reserve estimate for its 100%-owned Rhyolite Ridge Lithium-Boron Project (‘Rhyolite Ridge’ or the ‘Project’) in Nevada, USA, alongside updated Project economics.

Keep reading...Show less
Lithium Africa

Lithium Africa

Keep reading...Show less

Latest Press Releases

Related News

×