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Edison Lithium Corp (2)
Symbol EDDY
Shares Issued 30,128,083
Close 2026-04-30 C$ 0.10
Market Cap C$ 3,012,808
Recent Sedar+ Documents

Edison Lithium to complete report for Joutel, Gagne

2026-05-01 05:24 ET - News Release

Mr. A. Paul Gill reports

EDISON LITHIUM PROVIDES UPDATE ON PROPOSED ACQUISITION OF JOUTEL NORTH-WEST AND GAGNE GOLD PROPERTIES

Edison Lithium Corp. has provided an update further to the news release dated March 2, 2026, regarding its property option agreement, effective Feb. 27, 2026, with Globex Mining Enterprises Inc. on Globex gold properties, to earn a 100-per-cent interest in and to the Joutel North-West gold and Gagne gold and copper properties, subject to a 3-per-cent gross metal royalty on the properties retained by Globex.

The company advises that it has engaged Steven Lauzier, PGeo, OGQ1430, to prepare an independent technical report in accordance with National Instrument 43-101 (Standards of Disclosure for Mineral Projects) in respect of the properties. As part of this process, a site visit is being co-ordinated in connection with the preparation of the technical report.

The transaction remains subject to certain conditions, including the preparation of the technical report and the receipt of final acceptance from the TSX Venture Exchange.

About Edison Lithium Corp.

Edison Lithium is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium, alkali and other energy metal properties. The company's acquisition strategy is based on acquiring affordable, cost-effective and highly regarded mineral properties in areas with proven geological potential. Edison is building a portfolio of quality assets capable of supplying critical materials to the battery industry, and intends to capitalize on and have its shareholders benefit from the renewed interest in the battery metal space.

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