Zinnwald Lithium PLC Option to Acquire Land (8450U)
04 Agosto 2022 - 1:00AM
UK Regulatory
TIDMZNWD
RNS Number : 8450U
Zinnwald Lithium PLC
04 August 2022
Zinnwald Lithium plc / EPIC: ZNWD.L / Market: AIM / Sector:
Mining
4 August 2022
Zinnwald Lithium plc
("Zinnwald Lithium" or the "Company")
Option to Acquire Land
Zinnwald Lithium plc, the German focused lithium development
company, is pleased to announce that it has entered into an option
agreement with Projektgesellschaft Altenberg mbH, an entity owned
by the town of Altenberg in Germany, that gives the Company the
right to acquire approximately 14,000 square metres of industrial
land in the Europark industrial area near to Altenberg. The option
agreement is valid until August 2025.
The land subject to the option agreement is adjacent to land
already owned by the Company and combined would bring Zinnwald
Lithium's total land holding in this area to approximately 30,000
square metres. This industrial land has the potential to be used
for access and other operational aspects of the Zinnwald Lithium
Project.
Zinnwald Lithium CEO, Anton du Plessis, commented: "We are
delighted to have entered into this agreement with the town of
Altenberg that secures further land rights for our project. We
believe this is an important ongoing step in demonstrating that we
are a local company committed to the development of the area."
*ENDS*
For further information visit www.zinnwaldlithium.com or
contact:
Anton du Plessis Zinnwald Lithium info@zinnwaldlithium.com
Cherif Rifaat plc
David Hart Allenby Capital
Liz Kirchner (Nominated Adviser) +44 (0) 20 3328 5656
---------------------- --------------------------------
Oberon Capital Ltd
Michael Seabrook (Broker) +44 (0) 20 3179 5300
---------------------- --------------------------------
Isabel de Salis St Brides Partners zinnwald@stbridespartners.co.uk
Catherine Leftley (Financial PR)
---------------------- --------------------------------
Notes
AIM quoted Zinnwald Lithium plc (EPIC: ZNWD.L) is focussed on
becoming an important supplier of lithium hydroxide to Europe's
fast-growing battery sector. The Company owns 100% of the Zinnwald
Lithium Project in Germany, which has an approved mining licence,
is located in the heart of Europe's chemical and automotive
industries.
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END
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