Technology Minerals PLC (LSE:TM1), the battery metals firm, confirmed Global Battery Metals (TSX-V:GBML, OTCQB:REZZF) (GBML) had exercised a second option to up its stake in the Leinster lithium property in the Republic of Ireland.
GBML upped its share in Technology Minerals’ property to 55% after having spent the required €500,000 on exploration.
The deal also sees the London-based group receive €5,000 in cash and 385,000 common shares in GBML, subject to approval from the TSX Venture Exchange.