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Cross River Ventures to Acquire Scotia Lithium in Business Combination Agreement

STRATEGIC MINERALS

Cross River Ventures Corp. has signed a business combination agreement to acquire Scotia Lithium Corp., consolidating its shares on a 30:1 basis and rebranding as Scotia Metals Corp. The acquisition, set to close in April 2026, includes Scotia Lithium's subsidiary, Continental Lithium Ltd., which holds the L3 Lithium project in Nova Scotia, and is subject to regulatory and shareholder approval with a meeting scheduled for March 24, 2026.

Cross River Ventures to Acquire Scotia Lithium in Business Combination Agreement
Jan 31, 2026, 1:26 PM

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