WR1 – Winsome Resources | Aussie Stock Forums

Winsome Resources Limited (WR1) is an Australian company headquartered in Perth that has entered into agreements with MetalsTech Limited (MTC) to acquire all of the shares of three Canadian subsidiaries of MetalsTech which hold three lithium projects in the James Bay region of Quebec Province, Canada.

The three projects are:

(a) the Cancet Project, which comprises 395 claims. The Cancet Lithium Project is currently held by MetalsTech Cancet Lithium Inc, a wholly owned subsidiary of MetalsTech incorporated in Quebec;

(b) the Adina Project, which comprises 57 claims. The Adina Project is currently held by MetalsTech Adina Lithium Inc, a wholly owned subsidiary of MetalsTech incorporated in Quebec; and

(c) the Sirmac-Clapier Project, which comprises 77 claims. The Sirmac-Clapier Project is currently held by MetalsTech Sirmac-Clapier Lithium Inc incorporated in Quebec.

Following completion of the agreements, Winsome will be focused on the exploration and development of these projects, with an intention to produce high quality spodumene concentrate primarily for conversion and use in battery applications in the North American market.

WR1 listed on the ASX on 30 November 2021.