On April 3, 2024, Winsome Resources entered into a binding agreement with Stornoway Diamonds and 11272420 Canada Inc., securing an exclusive call option to acquire the Renard mine's assets or Stornoway's issued capital, pending Quebec Court approval. This strategic move aims to facilitate the development of Winsome's Adina lithium project and explore the potential of converting Renard's infrastructure for lithium processing. The option, valid until September 30, 2024, allows Winsome to evaluate the feasibility of repurposing Renard and to decide on the acquisition structure.