on NOA Lithium Brines Inc. (CVE:NOAL)
NOA Lithium Brines Inc. and Hatch Ltd. Form Strategic Arrangement
NOA Lithium Brines Inc. announced a strategic arrangement with Hatch Ltd. The collaboration focuses on the Pre-Feasibility Study (Pre-PFS) for NOA's Rio Grande project in Argentina. Hatch will receive NOA common shares for services related to the study, valued at approximately USD $100,000.
The arrangement aligns Hatch as an investor in NOA, highlighting confidence in the Rio Grande project. The study aims to evaluate flow sheet options for lithium extraction, incorporating direct lithium extraction (DLE) technology. This evaluation is crucial for developing NOA's PFS.
Hatch, a global firm, supports this advancement, emphasizing the value of data-driven process development. The arrangement is subject to customary conditions, including regulatory approvals.
R. P.
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