Medaro Completes Initial Earn-In under Joint Venture Agreement to Develop Lithium Extraction Technology

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Sep 10, 2021

VANCOUVER, BC / ACCESSWIRE / September 10, 2021 / Medaro Mining Corp. (CSE:MEDA) ("Medaro" or the "Company") is pleased to announce, further to its news release dated June 30, 2021, that it has completed the initial earn-in under its definitive joint venture agreement (the "JV Agreement") with Dr. James G. Blencoe, Ph.D., of Tennessee USA, and Global Lithium Extraction Technologies Inc. ("Global Lithium"), with respect to the operation of a joint venture (the "Joint Venture") to develop and commercialize a new, low-cost process (the "Technology") for extracting lithium from spodumene concentrate. The Joint Venture is operated through Global Lithium, a new corporation that was formed for this purpose. For further information respecting the Technology and Dr. Blencoe's background, please see the Company's news releases dated May 6, 2021 and June 30, 2021.