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Elevra Lithium Completes Sale Of Its Rights, Interests And Obligations Associated With E45/2364 To Wildcat For $16M Plus Ongoing Royalty
North American lithium producer Elevra Lithium Limited ("Elevra" or "Company") ((ASX:ELV, NASDAQ:ELVR) is pleased to announce that it has completed a transaction with Wildcat Resources Limited
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Elevra Lithium Completes Sale of E45/2364 Pegmatite Rights
Elevra Lithium has completed the sale of its E45/2364 exploration rights in Western Australia to Wildcat Resources for A$16 million in total consideration, including A$5 million cash upfront, A$8 million in Wildcat shares, A$3 million deferred cash, and contingent royalty payments. The transaction allows Elevra to reallocate capital to its core North American lithium assets while maintaining upside exposure through royalty participation.