Edison Lithium Corp. has announced an update on the sale of its Argentina subsidiary, Resource Ventures S.A., to Mava Gasoil LLC. The transaction was valued at USD$3,500,000. This transaction is part of Edison’s strategy to focus on its core business of energy metal properties, potentially enhancing its market position in the battery industry. Edison Lithium Corp. is a Canadian-based junior mining exploration company focused on the procurement, exploration, and development of cobalt, lithium, alkali, and other energy metal properties.
SOURCE: TIP RANKS