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The latest update is out from Free Battery Metal Limited ( (TSE:FREE) ).
Free Battery Metal Limited has acquired an 80% interest in the Cable Lake Property in Saskatchewan through an option assignment agreement with Citizen Mining Corporation and Doctors Investment Group Ltd. The company plans to fund this acquisition and further exploration through a non-brokered private placement of up to 4,000,000 shares, with the proceeds also supporting new property acquisitions and general working capital. This strategic move enhances Free Battery’s position in the lithium exploration sector, potentially increasing its resource base and market influence.
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 considered critical for supporting the global transition to green technologies, including 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
For detailed information about FREE stock, go to TipRanks’ Stock Analysis page.