Winsome Resources

Winsome Resources Limited (ASX: WR1) – Trading Halt

Description

The securities of Winsome Resources Limited (‘WR1’) will be placed in trading halt at the request of WR1, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Monday, 11 December 2023 or when the announcement is released to the market.


Issued by

ASX Compliance


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
Winsome Resources CEO Chris Evans: Sustainable Hard-rock Lithium Opportunities in Quebec

Winsome Resources CEO Chris Evans: Sustainable Hard-rock Lithium Opportunities in Quebec Investor Kit

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The Conversation (0)
mountain lake

Winsome Resources CEO Chris Evans: Sustainable Hard-rock Lithium Opportunities in Quebec

For the mining industry, Quebec is a region synonymous with opportunity. Not only does it contain rich deposits of over 30 minerals, but it is also host to a tremendous amount of unexplored and underexplored land.

Factor in highly-favorable mining policies and immense reserves of critical metals such as lithium, and it's clear to see why it has the attention of so many mining companies.

This confluence of factors makes Quebec an excellent target for international mining investment, and many Australian companies have already staked claims in the area.

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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

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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.

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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.

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  Loyal Lithium Limited

Strategic Consolidation of Hidden Lake and Board Changes

Loyal Lithium Limited (ASX:LLI) (Loyal Lithium, LLI, or the Company) is pleased to announce the execution of a definitive agreement for the consolidation of the Hidden Lake Lithium Project, with Patriot Battery Metals (ASX:PMT) becoming a substantial LLI shareholder. Mr. Blair Way, Non- Executive Director and former President & CEO of Patriot Battery Metals, will join the Loyal Lithium Board of Directors, bringing valuable regional and industry expertise to guide the company's growth initiatives. The consolidation of the Hidden Lake Lithium Project provides Loyal Lithium with greater flexibility and optionality to deploy innovative exploration and development solutions.

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Drilling Commences at the Barra Lithium Project in Brazil

Drilling Commences at the Barra Lithium Project in Brazil

Summit Minerals Limited (ASX:SUM) (“Summit” or the “Company”) is pleased to announce that Summit’s maiden drilling program has commenced at the recently acquired 100% owned Barra Lithium Project (“Barra”).

The Barra Lithium Project consists of four recently acquired tenements that are located within close proximity to the existing operating Miranda Lithium mine that is within the Borborema Pegmatitic Province (“BPP”) in northeast Brazil.

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Lithium Universe

Lithium Universe


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CleanTech Lithium (AIM:CTL)

Issue of Equity and TVR


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Winsome Resources CEO Chris Evans: Sustainable Hard-rock Lithium Opportunities in Quebec

Winsome Resources CEO Chris Evans: Sustainable Hard-rock Lithium Opportunities in Quebec Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

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