Critical Elements Announces the Signing of an Agreement to Buyback 49% Interest in the Bourier Property
Critical Elements Lithium (OTCQX:CRECF) has announced the signing of an Asset Purchase Agreement to buyback 49% interest in the Bourier property from Lomiko Metals. The transaction involves a $30,000 cash payment to Lomiko, which will give Critical Elements complete ownership of 203 exclusive exploration rights. This buyback reverses the previous Option Agreement signed with Lomiko in April 2021.
Upon completion of the transaction, Critical Elements will regain 100% ownership of the Bourier property, consolidating its control over these lithium exploration assets.
Critical Elements Lithium (OTCQX:CRECF) ha annunciato la firma di un Accordo di Acquisto di Beni per riacquistare la partecipazione del 49% nella proprietà Bourier da Lomiko Metals. La transazione prevede un pagamento in contanti di 30.000 dollari a Lomiko, che permetterà a Critical Elements di ottenere la piena proprietà di 203 diritti esclusivi di esplorazione. Questo riacquisto annulla il precedente Accordo di Opzione firmato con Lomiko nell'aprile 2021.
Al completamento della transazione, Critical Elements riacquisirà la proprietà totale al 100% della proprietà Bourier, consolidando il suo controllo su questi asset di esplorazione del litio.
Critical Elements Lithium (OTCQX:CRECF) ha anunciado la firma de un Acuerdo de Compra de Activos para recomprar el 49% de interés en la propiedad Bourier de Lomiko Metals. La transacción implica un pago en efectivo de 30,000 dólares a Lomiko, lo que otorgará a Critical Elements la propiedad total de 203 derechos exclusivos de exploración. Esta recompra revierte el Acuerdo de Opción previo firmado con Lomiko en abril de 2021.
Al completarse la transacción, Critical Elements recuperará el 100% de la propiedad de la propiedad Bourier, consolidando su control sobre estos activos de exploración de litio.
Critical Elements Lithium (OTCQX:CRECF)는 Lomiko Metals로부터 Bourier 광산에 대한 49% 지분을 재매입하기 위한 자산 매매 계약을 체결했다고 발표했습니다. 이번 거래는 Lomiko에 3만 달러 현금 지급을 포함하며, 이를 통해 Critical Elements는 203건의 독점 탐사 권리에 대한 완전한 소유권을 확보하게 됩니다. 이 재매입은 2021년 4월 Lomiko와 체결한 이전 옵션 계약을 무효화합니다.
거래 완료 후 Critical Elements는 Bourier 광산에 대한 100% 소유권을 되찾아 리튬 탐사 자산에 대한 통제권을 강화할 것입니다.
Critical Elements Lithium (OTCQX:CRECF) a annoncé la signature d’un accord d’achat d’actifs pour racheter une participation de 49% dans la propriété Bourier auprès de Lomiko Metals. La transaction comprend un paiement en espèces de 30 000 $ à Lomiko, ce qui donnera à Critical Elements la pleine propriété de 203 droits exclusifs d’exploration. Ce rachat annule l’accord d’option précédent signé avec Lomiko en avril 2021.
Une fois la transaction finalisée, Critical Elements retrouvera la propriété totale à 100% de la propriété Bourier, consolidant ainsi son contrôle sur ces actifs d’exploration du lithium.
Critical Elements Lithium (OTCQX:CRECF) hat die Unterzeichnung eines Asset-Kaufvertrags bekannt gegeben, um einen 49%igen Anteil an der Bourier-Liegenschaft von Lomiko Metals zurückzukaufen. Die Transaktion beinhaltet eine Barauszahlung von 30.000 US-Dollar an Lomiko, wodurch Critical Elements die vollständige Eigentümerschaft an 203 exklusiven Explorationsrechten erlangt. Dieser Rückkauf hebt die zuvor im April 2021 mit Lomiko unterzeichnete Optionsvereinbarung auf.
Nach Abschluss der Transaktion wird Critical Elements die 100%ige Eigentümerschaft an der Bourier-Liegenschaft zurückerlangen und somit die Kontrolle über diese Lithium-Explorationswerte konsolidieren.
- Full consolidation of ownership (100%) of the Bourier property
- Acquisition of 203 exclusive exploration rights
- Relatively low cash payment of $30,000 for the 49% interest
- Cash outlay of $30,000 required for the buyback
MONTRÉAL, QC / ACCESS Newswire / July 2, 2025 / Critical Elements Lithium Corporation (TSX-V:CRE)(US OTCQX:CRECF)(FSE:F12) ("Critical Elements" or the "Corporation") is pleased to announce that it has entered into an Asset Purchase Agreement with Lomiko Metals Inc. ("Lomiko") for the repurchase of the
About Critical Elements Lithium Corporation
Critical Elements aspires to become a large, responsible supplier of lithium to the flourishing electric vehicle and energy storage system industries. To this end, Critical Elements is advancing the wholly-owned, high-purity Rose Lithium-Tantalum project in Québec, the Corporation's first lithium project to be advanced within a land portfolio of over 1,050 km2. On August 29, 2023, the Corporation announced results of a new Feasibility Study on Rose for the production of spodumene concentrate. The after-tax internal rate of return for the Project is estimated at
For further information, please contact:
Jean-Sébastien Lavallée, P. Géo.
Chief Executive Officer
819-354-5146
jslavallee@cecorp.ca
www.cecorp.ca
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is described in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Critical Elements Lithium Corp.
View the original press release on ACCESS Newswire
FAQ
What is the value of Critical Elements Lithium's (CRECF) buyback agreement with Lomiko Metals?
How many exploration rights will Critical Elements Lithium (CRECF) gain through the Bourier property buyback?
What ownership percentage will Critical Elements Lithium (CRECF) have in the Bourier property after the buyback?
When did Lomiko Metals originally acquire their interest in Critical Elements' (CRECF) Bourier property?
