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Elevra Lithium sells Western Australia pegmatite rights for A$16M plus royalties

Company Fundamentals
07 Aug 2026
Na
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Bullish
pluang ai news

Elevra Lithium has sold its rights and obligations on the E45/2364 pegmatite project in Western Australia to Wildcat Resources for A$16 million in cash and shares, plus ongoing royalties if Wildcat defines a mineral resource. The deal includes immediate cash payments, shares, deferred cash after a feasibility study, and contingent payments based on resource tonnage. This sale allows Elevra to focus on its core North American lithium assets while retaining potential upside through royalties. The transaction simplifies Elevra's portfolio and provides capital for growth initiatives in North America.

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