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May 15, 2026 — 2:08pm

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Chariot Resources has firmed up the company’s Nigerian lithium acquisition deal by adding a key lease in its Fonlo project area at no extra purchase cost, while extending the deal timetable. The company has also boosted its regulatory spend by converting three short-dated and small-scale mining licences into broader mining leases, offering a longer, more secure tenure and wider mining rights over those areas.

The newly picked-up lease is a small-scale mining lease within the broader Fonlo tenure and covers the company’s main geological lithium focus.