Lithium Corp: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Lithium Corp signs agreement to sell properties to PATHION Inc. and announces president change
Lithium Corp:Enters into an Asset Purchase Agreement to sell its interests in the BC Sugar flake graphite property, as well as the San Emidio and Fish Lake Valley lithium - brine properties, to PATHION, Inc.Terms of the agreement require PATHION to pay Lithium an initial $1.25 mln, and issue 500,000 common shares of PATHION stock at the Closing.Tom Lewis to step down as President of the Company, but will remain a director.Brian Goss, a consultant and a director, to assume the roles of President, Secretary and Treasurer.
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