Skip to content

CDSG Secures Full Ownership of Titan 1 & 2 Lithium Licenses in Tanzania



This image is randomly selected and doesn’t necessarily represent the company or the news below.


CDSG (CDSG) has announced a significant restructuring of its earn-in agreement, achieving full ownership of the Titan 1 and 2 Prospecting Licenses in Tanzania without further cash payment obligations. This strategic move slashes the company’s payment commitments by $6,275,000 and relinquishes all claims to Net Smelter Return (NSR) holdings.

CEO Craig Alford, also a Qualified Person under 43-101, expressed that the Titan Lithium Projects stand out globally in terms of size and grade. The acquisition marks a pivotal advancement for CDSG and its stakeholders. Details on the licenses can now be found under the ‘About Us’ section on the company’s website.

About CDSG

China Dongsheng International Inc. (CDSG), via its subsidiary Titan Lithium, Inc., is a lithium exploration and development company with a presence in Nevada, USA, and Tanzania.

Company Website: https://www.cdsgholdings.com

Source

Disclaimer:
The content presented on this page has not been manually verified by our team. While we strive to ensure accuracy, we cannot guarantee the validity, completeness, or timeliness of the information provided. Always consult with appropriate professionals or sources before making any decisions based on this content.

Click here for more Company News