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EXCLUSIVE: Atlas Lithium Partners with Mitsui for $30M Investment and Lithium Offtake, Signals Confidence in Brazil s Lithium Valley Project

Atlas Lithium Corporation (NASDAQ:ATLX) has signed definitive investment and offtake agreements with Mitsui & Co, Ltd, which the Company considers to be a strong validation of its project and team. Mitsui is purchasing $30 million in common shares of Atlas Lithium at a 10% premium to the 5-day VWAP and, at the same time, entering into an Offtake Agreement for the future purchase of 15,000 tons of lithium concentrate from Phase 1 and 60,000 tons per year for five years from Phase 2 of Atlas Lithi

Si6 to join multi-mineral hunt on new Brazilian ground

Si6 Metals has received the green light from shareholders to acquire a 50 per cent share in four Brazilian projects covering 10 exploration licenses and form a joint venture with seller Foxfire Metals. The purchase will see the company pick up the half share in tenements covering 17,000 hectares across three Brazilian States prospective for lithium, rare earths, gold, base

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