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Full Circle Lithium Acquires the Georgia Lithium Processing Facility and Expands Land Position
Full Circle Lithium Acquires the Georgia Lithium Processing Facility and Expands Land Position ...
About this update from Full Circle Lithium Corp
[{"type":"text","content":"\n \n \n \n Full Circle Lithium Acquires the Georgia Lithium Processing Facility and Expands Land Position\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n FCL now owns 100% of the Georgia Facility and all infrastructure\n \n \n \n \n In addition, FCL acquired from the local municipality an additional 39 acres with direct access to the highway and railway\n \n \n \n \n The complete FCL property will be +56 acres of land with significant future expansion potential for all business units\n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n Nov. 23, 2023\n \n \n /CNW/ -\n \n November 23, 2023\n \n - Full Circle Lithium Corp. (\"FCL\" or the \"Company\") (TSXV: FCLI) (OTCQB: FCLIF), a\n \n USA\n \n -based lithium products manufacturer and recycler with a highly experienced technical team is pleased to provide an update regarding the acquisition of its scalable, fully permitted, and operational lithium processing plant in\n \n Georgia, USA\n \n (the \"Georgia Facility\").\n \n \n \n \n \n \n \n \n \n \n \n \"The Company now owns close 60 acres of land and is well positioned to grow its business in all of its operating units\" said\n \n Carlos Vicens\n \n , CEO, Director and Founder of FCL. \"Significant interest has been received from third parties on growth initiatives over the past few months and we wanted to crystalize the ownership and growth potential in and around our Georgia Facility.\"\n \n \n \n \n FCL has now closed on the previously announced proposed acquisition of the Georgia Facility, including the land and all facilities at a price of\n \n US$500,000\n \n . The Company paid\n \n US$250,000\n \n to the vendor with the remaining\n \n US$250,000\n \n paid in one installment next year, subject to certain conditions being met.\n \n \n In addition, FCL has also closed on an additional 39 acres of land owned by the Brantley County Development Authority which is adjacent to the Georgia Facility. This land is very important for future operations as it will provide direct rail and highway access, as well as significant room for fut...