ARDIDEN: ARDIDEN RECEIVES $3.5M TRANCHE TWO CONSIDERATION FOR LITHIUM JV







HIGHLIGHTS

  • Green Technology Metals (ASX: GT1) exercises right to acquire a further 29% interest in Lithium JV

  • $3.5M worth of GT1 shares issued to Ardiden as consideration, now holding ~$11.7M (or 6.47%) of GT1

  • JV interest now 80% GT1 and 20% Ardiden, with Ardiden free carried to the earlier of completion of a positive Bankable Feasibility Study or Decision to Mine

  • Ardiden focused on systematic gold exploration at its district scale Pickle Lake Gold Project in the well-endowed Uchi Geological Subprovince of north-west Ontario, Canada, where drilling is underway.