01:12 PM EDT, 07/04/2024 (MT Newswires) -- LaFleur Minerals (QBC.CN) said Thursday that Quebec Pegmatite, a wholly-owned subsidiary of the company, relinquished its option to buy the Brazil-Li 1 Lithium Property in Brazil.

Quebec Pegmatite terminated the option assignment agreement with Brascan Resources, BHBC Exploracao Mineral LTDA, and RTB Geologia e Mineracao LTDA.

Quebec Pegmatite has no further obligation under the assignment agreement.

The company's shares were last seen up $0.04, or 13%, to $0.35 on the Canadian Securities Exchange.

Price: 0.35, Change: +0.04, Percent Change: +12.90