Zadar Ventures Ltd. (TSXV:ZAD) entered into a memorandum of understanding to acquire 38,000 hectares of land prospective for lithium bearing petrobrines in Manitoba from a private Alberta company for CAD 0.64 million on February 22, 2017. Under the terms of the transaction, Zadar will pay CAD 0.05 million cash and one million shares on TSXV approval and CAD 0.1 million cash and one million shares on the first and second anniversary dates of this agreement. The transaction is subject to TSXV approval. Zadar Ventures Ltd. (TSXV:ZAD) cancelled the acquisition of 38,000 hectares of land prospective on June 7, 2018.