Hertz Energy announces termination of option assignment agreement (OTCQB:HZLIF)

  • Hertz Energy (OTCQB:HZLIF) on Wednesday said it has terminated the option assignment agreement dated August 4, 2023 among the company, Brascan Resources, BHBC Exploracao Mineral LTDA, and RTB Geologia e Mineracao LTDA.
  • Following the termination of the agreement, the company has relinquished its option to acquire the Patriota Lithium Project located in Brazil.
  • The company has no further obligation under the agreement.
  • Source: Press Release