Activist shareholders accuse Azimut Exploration of ‘squatting’ on Quebec lithium lands

Date:

The activists are turning up the heat on Lulin and Azimut after the Corvette lithium discovery by Patriot Battery Metals (TSXV: PMET; ASX: PMT; OTCQX: PMETF) and the Adina discovery of Winsome Resources. Patriot aims to publish the first resource on Corvette this summer.

The concerned shareholders say they are active investors in Quebec’s critical mineral exploration projects via investments in junior explorers.

“These companies have made discoveries that have made James Bay the lithium exploration capital of the world and provided amazing shareholder returns to all investors in the James Bay region,” they said in a Tuesday press release.

For example, Patriot enjoyed a more than 2,200% run-up in its equity through January.

In contrast, Azimut holds what the activists believe is the best and most prospective critical minerals ground in the region. Recently, Azimut went on a staking frenzy to stake additional ground.

The…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...