Bradda Head Lithium Amends Deal for Six Uranium Licenses in Tanzania

04:29 AM EST, 11/10/2026 (MT Newswires) -- Bradda Head Lithium (BHL.L) agreed to amend its asset purchase agreement with Zeus Resources and its parent company, US1 Critical Minerals, for six prospecting uranium licenses in Tanzania. The changes split the $1 million initial cash payment due on completion into two $500,000 instalments, the first on closing and the second no later than March 31, 2027, and extend the deadline for the potential $120,000 exclusivity fee to Feb. 7, 2027, according to a Tuesday release. In addition, the UK-listed lithium development company will acquire US1's data related to the licenses and certain fixed assets as part of the acquisition, which is subject to regulatory approvals.