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Live Energy Minerals Amends Agreement for McDermit East Lithium Project

Story Highlights
  • Live Energy Minerals amends agreement with US Critical Metals for McDermit East Lithium Project.
  • The amendment allows USCM to acquire full project interest, with Live Energy retaining a royalty.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Live Energy Minerals Amends Agreement for McDermit East Lithium Project

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The latest update is out from Gold Tree Resources Ltd ( (TSE:LIVE) ).

Live Energy Minerals Corp. announced an amendment to its agreement with US Critical Metals Corp. regarding the McDermit East Lithium Project, allowing USCM to acquire a 100% interest in the project. The new terms include a structured payment plan, with Live Energy retaining a 2% Net Smelter Returns royalty, indicating a strategic shift that could enhance the company’s focus on other projects while maintaining potential future revenue streams.

More about Gold Tree Resources Ltd

Live Energy Minerals Corp. is a mining exploration company focused on clean energy minerals in North and South America. The company holds interests in uranium, vanadium, and molybdenum projects in the Colorado Plateau, USA, and retains an interest in the McDermit Lithium East Project in Nevada, USA. Live Energy Minerals aims to create shareholder value through quality projects and proven exploration strategies.

Average Trading Volume: 8,269

Technical Sentiment Signal: Sell

Current Market Cap: C$2M

For an in-depth examination of LIVE stock, go to TipRanks’ Overview page.

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