Tantalex Lithium Resources (CSE:TTX, OTC:TTLXF) announced it has settled various outstanding debts amounting to C$5,526,398.40, effective February 28, 2024.
The Africa-focused lithium-tin-tantalum explorer and developer said it settled the debts by issuing shares and warrants to preserve cash for general working capital.
It added it intends to settle outstanding debt with AfriMet totalling C$1,464,635.56 by issuing shares as soon as practicable.