Ardiden Completes Acquisition of the Root Lake Lithium Project
Perth, July 26, 2016 AEST (ABN Newswire) - Further to the Company's announcement on 11 July 2016, Ardiden Limited (
ASX:ADV) is pleased to advise that the Company has successfully acquired the Root Lake Lithium Project from Landore Resources Canada Inc. ("Landore").
Ardiden has met the final payment of cash and issued the required Ardiden shares to Landore as per the terms of the option agreement. The Company also issued 500,000 ordinary shares to a consultant of the Company for services rendered in relation to the acquisition of the Root Lake Lithium Project. The Appendix 3B for this acquisition is attached (see link below).
The Company looks forward to providing further exploration updates as they come.
To view Appendix 3B, please visit:
http://abnnewswire.net/lnk/1C3IW0OP
About Ardiden Ltd
Ardiden Limited (ASX:ADV) is an emerging international diversified exploration and development company possessing a mature multi-element asset portfolio, with a near term development pipeline, focused quality projects located in the established mining jurisdiction of Ontario, Canada.
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