Lithium Energi Exploration (TSE:LEXI) has released an update.
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Lithium Energi Exploration Inc. (LEXI) has arranged to pay half of its upcoming interest payment to Arena Investors, LP with LEXI common shares, based on the market price as of September 19, 2024. This move is in accordance with the amendments in their credit agreement and is pending TSX Venture Exchange approval. LEXI, a lithium brine exploration firm in Argentina, continues to focus on developing its significant holdings in the lithium-rich region.
For further insights into TSE:LEXI stock, check out TipRanks’ Stock Analysis page.