Kalamazoo Resources (ASX: KZR) chief executive officer Luke Reinehr joins Small Caps to discuss the company’s recently revealed plans to spin-off its Western Australian lithium assets into specialist entity Kali Metals.

The company has agreed to invest its Marble Bar and DOM’s Hill lithium projects in the Pilbara into the proposed new ASX-listed exploration company and its current IPO.

Kalamazoo will own 55% of Kali, while TSX-listed Canadian gold miner Karora Resources will hold the remaining interest.

The company believes Kali Metals can become a significant Australian critical minerals exploration company.

Kalamazoo will now focus in on its gold assets.

Articles:
https://smallcaps.com.au/kalamazoo-karora-resources-spin-out-lithium-assets-new-exploration-company/
https://smallcaps.com.au/kalamazoo-resources-sells-interest-queens-gold-project-novo/

For more information on Kalamazoo Resources: https://smallcaps.com.au/stocks/KZR/

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