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Stock impact report

Lithium South Gets Green Light from POSCO [Yahoo! Finance]

POSCO Holdings Inc. American Depositary Shares (Each representing 1/4th of a share of) (PKX) 
Company Research Source: Yahoo! Finance
VANCOUVER, BC / ACCESS Newswire / November 12, 2025 / Lithium South Development Corporation (the "Company" or "Lithium South") (TSX-V:LIS)(OTCQB:LISMF)(Frankfurt:OGPQ) is pleased to announce that it has been advised by POSCO Argentina S.A.U. that the proposed acquisition of the Hombre Muerto North Lithium (HMN Li Project) Project via the purchase of NRG Metals Argentina S.A. (the wholly owned subsidiary of Lithium South) has been fully approved and the investment has been scheduled. Funds have been allocated to POSCO Argentina S.A.U. for completion of the transaction. The two companies are currently working for the completion of the Share Purchase Agreement ("S.P.A.") as announced July 30, 2025, August 7, 2025, and September 22, 2025. The final acquisition price has been agreed and adjusted to US$65 million to account for tax burdens, closing costs and property payments. All major issues have been resolved, and a formal signing is anticipated in the immediate future. In light of Show less Read more
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