Trident Royalties Plc (AIM: TRR) has announced that it has secured an effective 1.5% Gross Royalty over the Sonora Lithium Project in Mexico from the estate of Colin Orr-Ewing, for what amounts to a US$0.25m option payment, contemplating a total acquisition consideration of US$26m.
Sonora is a Tier-1 lithium asset jointly owned by Bacanora Lithium Plc (AIM: BCN) and Ganfeng Lithium Co. Ltd (SHE: 002460). Bacanora is currently in the process of being acquired by Ganfeng via a £285m takeover, w ....

27 Jan 2022
Lithium Dominance Secured


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Lithium Dominance Secured
Trident Royalties Plc (TRR:LON) | 49.0 0 0.0% | Mkt Cap: 142.7m
- Published:
27 Jan 2022 -
Author:
David Butler -
Pages:
8 -
Trident Royalties Plc (AIM: TRR) has announced that it has secured an effective 1.5% Gross Royalty over the Sonora Lithium Project in Mexico from the estate of Colin Orr-Ewing, for what amounts to a US$0.25m option payment, contemplating a total acquisition consideration of US$26m.
Sonora is a Tier-1 lithium asset jointly owned by Bacanora Lithium Plc (AIM: BCN) and Ganfeng Lithium Co. Ltd (SHE: 002460). Bacanora is currently in the process of being acquired by Ganfeng via a £285m takeover, w ....