Visible Gold sells MegaLi lithium property to PMET Resources for $201,000 cash, retains 1.34% NSR royalty

Reuters2026/08/24 11:38

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Visible Gold agreed to sell its non-core MegaLi lithium property in Quebec’s James Bay region to PMET Resources.
Deal terms include a cash payment of $201,000.
Visible Gold will receive a 1.34% net smelter returns royalty, with PMET holding staged buyback rights totaling $2.68 million.
Closing is expected within 10 days, subject to required regulatory approvals, including the TSX Venture Exchange.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Visible Gold Mines Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608240737BIZWIRE_USPR_____20260821_BW580589) on August 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Visible Gold sells MegaLi lithium property to PMET Resources for $201,000 cash, retains 1.34% NSR royalty

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