Morella Corp Ltd (ALTAF)

[TradingCharts]

I read that resently too.

First time I came here I was researching a Director who left over a year ago. Then the BK.

Did your commons get wiped out or restructured?

This surprised me, I will take a small position today, just to insentivise me to do more research.

FISH LAKE VALLEY LITHIUM PROJECT

In 2021, Morella executed an earn-in option agreement with US-based Lithium Corporation (OTC:LTUM), for the right to earn a 60% interest in the Fish Lake Valley Lithium Project “the Project”. The interest will be earned through completion of exploration and development work over a number of years. Morella has further rights to acquire up to a 100% interest in the Project.

Located in Esmeralda County, west-central Nevada (Figure 1) the Project covers the entire Fish Lake Valley salt playa area and is 30km north-west of Albemarle’s Silver Peak Mine and 20km west of Argosy’s Tonopah Lithium project. Importantly, the Project is located in a known lithium producing region of the USA and presents an excellent exploration and growth opportunity for Morella.

The Project is approximately 60km from the town of Tonopah and is equal distance (approximately 280km) to the major Nevada cities of Las Vegas and Reno. Tesla’s Nevada Gigafactory is 37km from Reno.

https://www.morellacorp.com/projects/

LTUM
https://investorshub.advfn.com/Lithium-Corporation-16791