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The latest announcement is out from Diatreme Resources Limited ( (AU:DRX) ).
Lithium Plus Minerals Ltd, a company focused on advancing its lithium portfolio and the Lei Development Project, announced that its 33.5% owned entity, Moonlight Resources Limited, has entered into a Share Sale Agreement with Diatreme Resources Ltd to acquire Chalcophile Resources Pty Ltd and PGE Minerals Pty Limited, which own the Clermont Gold Project. This acquisition provides Lithium Plus shareholders with exposure to gold assets while maintaining the company’s focus on lithium. Moonlight is offering a fully underwritten Priority Offer to Lithium Plus shareholders, allowing them to purchase shares at a discounted price with additional options, enhancing shareholder value and positioning Moonlight for future growth.
More about Diatreme Resources Limited
Average Trading Volume: 1,209,341
Technical Sentiment Signal: Sell
Current Market Cap: A$95.16M
Find detailed analytics on DRX stock on TipRanks’ Stock Analysis page.