Premier Development says renegotiated exploration deals fall to about $90 million from $130 million
PDIV•Premier Development & Investment said it renegotiated lithium and uranium exploration transactions to no more than approximately $90 million, down from $130 million.
1. Renegotiated transactions
Premier Development & Investment said it renegotiated lithium and uranium exploration transactions to no more than approximately $90 million from $130 million. Regulatory filings are due within five to seven business days, and cautionary announcements concerning Class A Common Stock dealings are ending.
2. Exploration plans
The company said shareholder-funded exploration costs will be capitalized into 2 (Two) Year Convertible Preferred Common Stock. Potential exploration asset sales or joint ventures will feature in forthcoming geological recommendations.
