Chariot Resources Acquires Key Nigerian Lithium Lease From Continental Lithium at No Cost

Deal Summary

Chariot Resources has finalized an acquisition with Continental Lithium, adding a small‑scale mining lease in the Fonlo project area of Nigeria at no extra purchase cost. The deal expands Chariot’s portfolio to 11 mineral titles covering 257.1 km² and includes conversion of three leases into full mining leases before transfer to its JV, C&C Minerals. The transaction cost cap has risen to US$925,000, but the purchase price remains undisclosed.