{
  "id": 715408,
  "title": "Lithium Ionic Announces Agreement to Sell its Salinas Group of Lithium Properties to PLS for US$37.5 Million in Cash, Retaining a 2.0% Royalty on Future Spodumene Sales",
  "url": "https://urgent.news/2026/08/12/lithium-ionic-announces-agreement-to-sell-its-salinas-group-of",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-12T23:58:27.000Z",
  "source": {
    "name": "Financial Post",
    "slug": "financial-post",
    "url": "https://financialpost.com/globe-newswire/lithium-ionic-announces-agreement-to-sell-its-salinas-group-of-lithium-properties-to-pls-for-us37-5-million-in-cash-retaining-a-2-0-royalty-on-future-spodumene-sales"
  },
  "original_language": "en",
  "account": null,
  "summary": "Non-dilutive proceeds strengthen the balance sheet ahead of a Bandeira construction decision, while the retained royalty preserves shareholder exposure to the potential future development of Baixa Grande under the ownership of a premier lithium producer TORONTO, Aug. 12, 2026 (GLOBE NEWSWIRE) — Lithium Ionic Corp. (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) (“Lithium Ionic” or the […]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Financial Post",
        "title": "Diversified Royalty Corp. Announces Second Quarter 2026 Results",
        "url": "https://urgent.news/2026/08/12/diversified-royalty-corp-announces-second-quarter-2026-results",
        "published": "2026-08-12T21:51:06.000Z"
      },
      {
        "outlet": "Seeking Alpha News",
        "title": "Andersen reaffirms 2026 revenue of $980M-$1B and adjusted EBITDA margin of 22%-23% while inorganic revenue slows",
        "url": "https://urgent.news/2026/08/12/andersen-reaffirms-2026-revenue-of-980m-1b-and-adjusted-ebitda-margin",
        "published": "2026-08-12T23:58:07.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}