Talison Lithium Limited (TSX:TLH), has recently announced that it has entered in a Scheme Implementation Agreement with Windfield Holdings, a subsidiary of Chengdu Tianqi Industry (Group) Co., Ltd, under which it proposed that Windfield will purchase the balance of shares in Talison through schemes of arrangement at a value of C$7.50(1)(“Tianqi Schemes”).
As quoted in the press release:
The Federal Court of Australia has ordered the convening of meetings of Talison Securityholders of Talison to consider the Tianqi Schemes (“Scheme Meetings”).
The Share Scheme Meeting is to be held on February 27, 2013 at the Perth Convention and Exhibition Centre, 21 Mounts Bay Road, Perth, Western Australia, Australia at 10.00 am.
The Option Scheme Meeting is to be held on February 27, 2013 at the Perth Convention and Exhibition Centre, 21 Mounts Bay Road, Perth, Western Australia, Australia at 10.30 am (or immediately after the conclusion of the Share Scheme Meeting, whichever is later).
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