NOA Lithium Brines Secures Approval for New Property Acquisitions

NOA Lithium Brines Inc. has announced the TSX Venture Exchange's approval of an option to purchase agreement involving properties south of its Rio Grande Project. These properties, Archibarca II and III, cover 3,236 hectares. The agreement's objective is to explore potential additional water sources for the project's development.

The company completed the transaction by making a cash payment of USD $150,000 and issuing 226,850 common shares at $0.30 per share. Notably, there are no net smelter royalties or finder's fees associated with this transaction.

NOA positions itself strategically in Argentina's Lithium Triangle, with substantial holdings near major industry players. Its portfolio spans over 140,000 hectares, including the Rio Grande, Arizaro, and Salinas Grandes salars.