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Free Battery Metal Limited Acquires Interest in Cable Lake Property and Announces Private Placement

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Free Battery Metal Limited Acquires Interest in Cable Lake Property and Announces Private Placement

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Free Battery Metal Limited ( (TSE:FREE) ) has issued an update.

Free Battery Metal Limited has acquired an 80% interest in the Cable Lake Property through an option assignment agreement with Citizen Mining Corporation and Doctors Investment Group Ltd. The company plans to carry out a non-brokered private placement to raise funds for the acquisition, exploration work, new property acquisitions, and general working capital. This strategic move is expected to enhance Free Battery’s position in the lithium exploration industry and support its growth in the green technology sector.

More about Free Battery Metal Limited

Free Battery Metal Limited is a publicly traded company focused on exploring lithium and other rare metals, which are critical for supporting the global transition to green technologies such as electric vehicles. The company is committed to responsible mining practices and is actively exploring properties in Ontario and Quebec.

Average Trading Volume: 1,889

Technical Sentiment Signal: Hold

See more data about FREE stock on TipRanks’ Stock Analysis page.

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