Native Mineral Resources Holdings Limited (ASX:NMR) entered into an agreement to acquire 51% stake in McLaughlin Lake Lithium Project from New Age Metals Inc. (TSXV:NAM) for CAD 0.25 million on August 17, 2023. The consideration includes CAD 0.075 in cash payment and AUD 2 million shares at $0.03/share.

Native Mineral Resources Holdings Limited (ASX:NMR) completed the acquisition of 51% stake in McLaughlin Lake Lithium Project from New Age Metals Inc. (TSXV:NAM) on August 17, 2023.