Hertz Lithium Inc., an up and coming lithium exploration & development company in Canada, has just announced that they have entered into an agreement in order to acquire all of the outstanding shares in Canuck Lithium Corp. This agreement will give Hertz Lithium full ownership rights over Canuck Lithium Corporation, allowing them access to Canuck’s assets, equipment, and personnel.
Lithium is an essential source of energy around the world, crucial for powering the growing number of electric vehicles. Hertz Lithium’s primary projects are located in the North Thompson and South Thompson regions of British Columbia, Canada.
This acquisition will permit Hertz Lithium to significantly reduce the time necessary for their efforts in the exploration and development phase, while giving them access to an experienced team of personnel that will help the company achieve their goals. This agreement will also solidify Hertz Lithium’s ability to fulfill their ambition of becoming one of Canada’s leading lithium exploration and development companies.
The acquisition provides Hertz Lithium with access to the team’s experience in the lithium exploration and development industry and the capacity to evaluate the potential lithium value of their assets. In addition, Canuck’s staff and senior personnel will play a vital role in the execution of this acquisition.
The acquisition has been approved by both companies’ board of directors, and it is hoped that the integration of the two companies will lead to new opportunities in the near future. Executive Chairman David Anderson commended both companies for the successful completion of the agreements, thanking both teams for their commitment, loyalty, and hard work throughout the entire process.
This is yet another step on Hertz Lithium’s journey, as the company continues to strive to make a lasting impression on the lithium exploration and development industry. This agreement will further their goals, and set them up for further success in the future.