(Alliance News) - CleanTech Lithium PLC on Monday said it has officially acquired 23 Laguna Verde licences.

The Chilean-focused lithium exploration and development company said it now has full ownership, as well as control, of the 108 mining licences comprising the Laguna Verde project.

Chair and Chief Executive Officer Steve Kesler said: "Acquiring the 23 Laguna Verde licences under new commercial arrangements, so the company has full ownership as well as control, is a prudent decision, which will support potential long-term returns to investors."

Shares in CleanTech closed up 10% at 16.22 pence each in London on Monday.

By Sabrina Penty, Alliance News reporter

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