Pan American Lithium Corp. Announces Amendment of Share Option Agreement and Extension of Closing Date | 4:00 PM |
11-01-2011 OTC and PINK News.
TUCSON, Ariz., Nov. 1, 2011 (GLOBE NEWSWIRE) -- Pan American Lithium Corp. (TSX-V:PL) (OTCBB:PALTF) (OTCQB:PALTF) announces that it has entered into a letter agreement dated October 31, 2011, with Escondidas Internacional S.A. de C.V., a privately held Mexican corporation ("Escondidas"), and the shareholders of Escondidas (the "Shareholders"), whereby the parties have agreed to further extend the closing date set out in the Share Option Agreement dated December 18, 2009 (the "Option Agreement"), as amended, from October 31, 2011 to April 30, 2012. Related News: Similar Content http://www.globenewswire.com/newsroom/news.html?ref=rss&d=236792#rssowlmlink
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