Announced
Financials
Tags
lithium
Majority
Private
Australia
Specialty Chemicals
Pending
Friendly
Single Bidder
Acquisition
Domestic
Synopsis
Global Lithium, an lithium exploration company, agreed to acquire the remaining 20% stake in Manna Lithium Project for $80m. “The outstanding on-the-ground exploration work completed by the Global Lithium team over the past 6 months has delivered impressive results at Manna, affording us the opportunity to now present an offer to Breaker which we believe is a win-win for both companies. The acquisition of the underlying tenements provides Global Lithium with a clearer development pathway as we look to conclude these development focused studies in late 2023,” Warrick Hazeldine, Global Lithium Chairperson.
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