Mosaic Exits Lithium Exploration, Completes Acquisition of Amanda Property and Announces Private Placement
MONTREAL, April 10, 2025 (GLOBE NEWSWIRE) -- Mosaic Minerals Corporation (CSE: MOC) (“Mosaic” or “The Company”) announces that it is abandoning lithium exploration on its properties located primarily in Jamésie, Quebec. The Company will focus on its properties with gold (Amanda) and nickel (Gaboury) potential. Both properties are 100% owned by Mosaic. “The lithium market has been fueled by unrealistic expectations for the growth of electric vehicles. The slowdown in this sector, combined with lo