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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.
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
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