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Critical Resoures settles Graphic Lake buy

Creamer Media Senior Deputy Editor: Australasia
Junior Critical Resources has settled the acquisition of the Graphic Lake lithium project, in Canada, after confirming that the deal would not require Canadian Investment Review Board approval. The ASX-listed Critical Resources in January announced the acquisition of the Graphic Lake project, some 180km from the company’s existing Mavis Lake project, in exchange for a A$80 000 cash payment and the issue of A$120 000 worth of ordinary shares in the company.

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