Glencore Announces Amendment and Restatement of Convertible Facilities Agreement With Tantalex Lithium Resources Corporation

Glencore has amended and restated its convertible facilities agreement with Tantalex Lithium Resources Corporation, maintaining US$5 million in aggregate convertible term loan facilities. The agreement includes a 20% ownership cap on conversion, a 1% gross revenue royalty on tin, lithium, and tantalum production, and expanded offtake agreements covering tin and tantalum from the TiTan project in the Democratic Republic of the Congo.