ASX-listed lithium and graphite explorer Ardiden has formally exercised its option to acquire the advanced Root Lake lithium project in Ontario, following the completion of a due diligence review.
The news followed a month after Ardiden exercised an option to acquire the Seymour Lake lithium project and meant that the company would soon own 100% of two advanced lithium-spodumene projects and 100% of the Manitouwadge graphite project in Canada.
