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Concordia Resource Corp Completes Sale Of Investment In Western Lithium USA Corp


Tuesday, 24 Sep 2013 10:03am EDT 

Concordia Resource Corp announced that it has completed the sale of 28,540,393 common shares owned by it in the capital of Western Lithium USA Corp (WLC or Western Lithium) for net proceeds of $2.85 million which sale was previously disclosed in the Company's news release dated September 13, 2013. The sale concludes the Company's obligations under the Sale and Purchase Agreement between Concordia and Western Lithium (see the Company's news release dated March 11, 2011), where Concordia agreed to dispose of its common shares in the capital of WLC to such persons as identified by management of WLC as strategic investors. 

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30 Jan 2015