Edison Lithium buys additional sodium brine claim in Saskatchewan
- Edison Lithium Acquisition: Edison Lithium, a Canada-based junior miner, has entered an agreement with Globex Mining Enterprises to acquire rights to alkali disposition A-4593 in Saskatchewan.
- Acquisition Details: In exchange for the acquisition, Globex will receive $200,000 in cash, $50,000 worth of common shares in Edison, and a 2% royalty on gross revenue from mineral production by Edison.
- Interest in Sodium-Ion Batteries: Edison's recent acquisitions are driven by an interest in sodium brine claims for Sodium-Ion battery formulations.
- Additional Information: The deal involves Globex transferring all rights to Edison, emphasizing Edison's focus on expanding its mineral assets.
- Financial Insights: The news also mentions Globex acquiring a gold-silver exploration target in Nevada and provides financial information for both Edison Lithium Corp. and Globex Mining Enterprises Inc.
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