Salares Lithium Inc. (CVE:LIT) and Talison Lithium Limited (TSE:TLM) report its completion merger of the two companies with immediate effect. Talison ordinary shares will commence trading on the TSX under the symbol “TLH” at the market open tomorrow, September 23, 2010. Salares’ CEO Todd Hilditch states: “It was very clear to our management team that from
Salares Lithium Inc. (CVE:LIT) reports its approval of the plan of arrangement with Talison Lithium Limited. Under the terms of the Arrangement, Salares’ shareholders will receive 0.35587 of a Talison ordinary share (or the equivalent in Talison exchangeable shares if they elected to prior to September 14, 2010 4:30 PST) in exchange
Salares Lithium Inc. (CVE:LIT) reports closing of its previously announced CAD$40 million brokered private placement. The Private Placement of subscription receipts of Salares (“Subscription Receipts”) consists of a total of 32,128,515 Subscription Receipts being issued at CAD$1.245 per Subscription Receipt for total gross proceeds of $40,000,001.18. For complete news release, click here.
Salares Lithium (CVE:LIT) and Talison Lithium report the completion of due diligence and execution of a definitive arrangement agreement for the merger of their respective lithium assets. The execution of the Agreement clears the way for Salares shareholders to vote on and approve the merger at a special meeting of shareholders to be held on
Salares Lithium Inc. (CVE:LIT) reports its filing with appropriate regulatory authorities of a notice of a special shareholders’ meeting to be held on September 16, 2010.
The purpose of the special meeting is to consider for approval a proposed plan of arrangement for the merger of Talison Minerals Pty Ltd and the Company as
Last Thursday, a binding letter agreement was executed to combine Salares Lithium Inc and Talison Minerals to strategically merge their respective lithium assets and create the world’s largest, publicly traded lithium production and exploration company.
Salares Lithium(CVE:LIT) & Talison Minerals report a merger to combine their respective lithium assets and create the world’s largest, publicly traded lithium production and exploration company.
The merger will combine Talison’s world class lithium minerals production in Australia with Salares’ prospective, large scale lithium brines exploration project in Chile. Upon completion of the proposed transaction,