on NOA Lithium Brines Inc. (isin : CA6393571022)
NOA Lithium Announces Additional Warrant Exercises For $1,078,550
NOA Lithium Brines Inc. (TSX-V:NOAL)(FSE:N7N) disclosed further warrant exercises, amounting to $1,078,550. Senior management, directors, and founding shareholders exercised 5,392,750 warrants at $0.20 per share. The generated cash will support the company's ongoing progress and general corporate needs.
CEO Gabriel Rubacha emphasized the robustness of their Rio Grande project, highlighting the recent 43-101 technical report. He believes this development will enhance project value, reflecting the confidence and commitment of the management and shareholders.
NOA focuses on lithium exploration and development in Argentina's Lithium Triangle. The company holds a substantial portfolio with projects in Rio Grande, Arizaro, and Salinas Grandes, covering approximately 100,000 hectares.
R. H.
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