GT1: A$20m Investment & Offtake with LG Energy Solution
GREEN TECHNOLOGY METALS LIMITED
- LG Energy Solution (LGES) to invest A$20m in GT1 equity at A$0.92 per share, becoming a substantial shareholder with a 43% premium to GT1’s 30 day VWAP.
- Investment validates GT1's Seymour project and strategy to become Ontario's first lithium producer.
- Offtake Term Sheet has GT1 selling 25% of Seymour Project offtake to LGES for 5 years, establishing a stable critical mineral supply chain in North America.
2023-05-19 13:55:00