M&A
confidence high
sentiment neutral
materiality 0.60
Altair International amends earn-in agreement for Nevada lithium claims; can earn 60% for $1.3M
Premier Air Charter Holdings Inc.
- Revised earn-in: up to 60% undivided interest in 63 placer mining claims (~1,260 acres) in Nevada.
- Altair paid $75,000 initial consideration in 2021 for initial 10% interest; $39,966 work commitment satisfied.
- 2022 payment of $50,000 for additional 5%; 2023 payment of $350,000 for additional 15%; 2024 payment of $900,648 for additional 30%.
- Altair also paid 2022 claim maintenance fees to Nevada BLM to keep claims in good standing.