EXPLORATION & DEVELOPMENT

Nevada Sunrise cancels Advantage water permit earn-in

Junior mineral explorer Nevada Sunrise Gold (TSXV:NEV) has terminated an earn-in agreement with fellow explorer Advantage Lithium (TSXV:AAL) that would have seen Advantage gain ownership of the only remaining available water permit in Nevada’s prospective Clayton Valley lithium-brines district.

 Nevada Sunrise Gold has cancelled an option agreement under which Advantage Lithium could earn a sought-after water permit in the lithium-rich Clayton Valley of Nevada

Nevada Sunrise Gold has cancelled an option agreement under which Advantage Lithium could earn a sought-after water permit in the lithium-rich Clayton Valley of Nevada

In return for cancelling the earn-in agreement, Nevada Sunrise will issue to Advantage 1.7 million common shares over hold periods spanning 18 months, during which Advantage has agreed not to sell, assign,...

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