Mason Resources Inc. is pleased to announce that on October 29, 2024, it made an investment of CAD $1 million in Sand Minerals Inc. , a recently established private company. Sand Minerals was founded by William Randall and the former team of Arena Minerals Inc. , which was acquired by
Lithium Americas Corp., in a CAD $311 million transaction. Members of this team were also part of Lithium-X Energy Corp., which was sold to NextView New Energy Lion Hong Kong Ltd. for CAD $265 million. Similar to the previous ventures of Arena and Lithium-X, Sand Minerals will be primarily focused on the acquisition and development of lithium brine projects in Argentina. Mr. Fahad Al-Tamimi, Chairman of Mason, commented: "We couldn't be more excited to embark on this new venture wi...