Sprott-backed trader eyes Lake stake

LITHIUM market darling Lake Resources has just struck a conditional deal that could see the Sprott Asset Management-affiliated trader WMC Energy take a big slice of the developer at a premium, and half of the planned output from the Kachi brine project in Argentina.

Sprott-backed trader eyes Lake stake Sprott-backed trader eyes Lake stake Sprott-backed trader eyes Lake stake Sprott-backed trader eyes Lake stake Sprott-backed trader eyes Lake stake

The Lilac demonstration plant is finally being commissioned

While the framework is conditional, and Lake hasn't put forward a hard total on how much WMC could inject in fresh equity, the battery market dealer is positioned to take a strategic 10% interest in

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