Bradda Head Lithium Ltd $BHLL (-5,12%) announced on Friday the publication and mailing of a circular to its shareholders.

The subject matter is the recently announced "option to joint venture" agreement with Kennecott Exploration Inc, a subsidiary of Rio Tinto Mining Group $RIO (+1,68%)
$RIO (+2,73%).

The lithium development company, which focuses on North America, has scheduled an Annual General Meeting for February 17 at The Claremont Hotel in Douglas, Isle of Man. Shareholders are to vote on two resolutions in connection with the agreement announced on January 27.

The first resolution is for shareholder approval of the earn-in acquisition. The second resolution is to approve the issue of ordinary shares to Galloway Limited and Promaco Limited under convertible loan agreements.

The Circular, which contains details of the Agreement, the Whistlejacket Project and the Convertible Loan Agreements, has been made available on the Company's website.