Covering Mineral Exploration in the Nordics

European Energy Metals to Acquire 100% Of Finnish Li Project

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Nico

Geologist & Editor

Picture of Nico
Nico

Geologist & Editor

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European Energy Metals announced an amendment to a previous earn-in agreement concerning Capella Minerals Finnish Lithium project. Under the new agreement, European Energy Metals can acquire 100% interest in the project by paying 250,000 dollars in cash and the issue of 1,100,000 million shares as well as a 2% NSR to Capella. The project covers a large area of prospective ground (approx. 2,500 km2) in the vicinity of the Keliber/Sibanye-Stillwater project.

 

Exploration claims and reservations in relation to Keliber’s landholdings (Source: www.europeanenergymetals.com)

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