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Rapid Lithium Renegotiates Ingersoll Deal, Refocuses on Core Projects

7:03pm on Monday 2nd of June, 2025 AEST Mining
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Rapid Lithium Renegotiates Ingersoll Deal, Refocuses on Core Projects

7:03pm on Monday 2nd of June, 2025 AEST
Key Points
  • Renegotiated 2025 payment terms for Ingersoll Project acquisition
  • Initial drilling permitted following first payment to vendors
  • Decision not to proceed with New Energy (US) Inc acquisition
  • Strategic focus on South Dakota lithium and British Columbia gallium-germanium projects
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