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Azimut and Rio Tinto Enter Revised Option Agreement for Wabamisk East Property Lithium Exploration.

Oct 09, 2025

Contract Type

agreement

LongueuilOtherMiningPrecious MetalsMineralmining & metals

Description

Azimut Exploration Inc. has confirmed positive results from its summer field program on the Wabamisk East Property in Quebec. This project is part of a revised option agreement with Rio Tinto Exploration Canada Inc., allowing Rio Tinto to earn up to a 70% interest by investing $85 million.

Company Information

Company

Azimut Exploration

Location

Longueuil, Quebec, Canada

About

Azimut Exploration Inc. is a leading mineral exploration company with the largest mineral exploration portfolio in Quebec, Canada. The company is known for its expertise in target generation and partnership development, with a focus on the Elmer Gold Project and strategic land positions for copper-gold, nickel, and lithium.

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Jean-Marc
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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.