- Beyond Lithium Inc. (CSE: BY) (OTCQB: BYDMF) completes acquisition of the Rare One Project in British Columbia.
- The acquisition covers six mineral claims totaling 4,688 hectares in the Rocky Mountain Rare Earth Belt.
- The company aims to expand its critical minerals portfolio with this strategic acquisition.
Beyond Lithium Inc. (CSE: BY) (OTCQB: BYDMF), a Canadian critical minerals exploration company, has announced the successful completion of its acquisition of the Rare One Project in southeastern British Columbia. The acquisition, officially closed on May 27, 2025, grants Beyond Lithium a 100% undivided interest in six mineral claims covering a substantial area of 4,688 hectares within the promising Rocky Mountain Rare Earth Belt.
This strategic move enhances Beyond Lithium's exploration portfolio, which already includes lithium projects in Ontario and rare earth element (REE) and base metals projects in British Columbia. The acquisition was executed following a definitive mineral property purchase agreement with arm's length vendors, initially announced on May 6, 2025. The company plans to advance its exploration activities and seek joint venture partnerships to further develop its projects, aiming for partner-funded exploration and non-dilutive working capital.
While financial terms and the potential for immediate revenue generation from this acquisition were not disclosed, Beyond Lithium remains focused on advancing its projects with its in-house exploration team. By capitalizing on the strategic location within the Rocky Mountain Rare Earth Belt, Beyond Lithium aims to reinforce its position in the critical minerals sector.
