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Lithium Energy Secures US$26M in First Tranche of Solaroz Project Sale
4:04am on Monday 2nd of June, 2025 AEST
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Lithium Energy Secures US$26M in First Tranche of Solaroz Project Sale
4:04am on Monday 2nd of June, 2025 AEST
Key Points
US$26 million received on completion of Tranche 1 of Solaroz sale
Tranche 1 includes 39.9% shareholding transfer and US$12 million loan assignment
Total US$33.8 million received including prior deposits
Tranche 2 scheduled for January 2026 with US$21.7 million payment and escrow arrangement
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