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    Li3 Energy Closes Strategic Maricunga Acquisition and Financing Transaction

    Investing News Network
    May. 23, 2011 04:55PM PST
    Battery Metals

    Li3 Energy, Inc., (OTC:LIEG) closes the acquisition of a 60% ownership in a group of six private companies, the Maricunga Project in northern Chile.

    Li3 Energy, Inc., (OTC:LIEG) closes the acquisition of a 60% ownership in a group of six private companies, the Maricunga Project in northern Chile.

    The press release is quoted as saying:

    Li3 believes that once commercialized, the strength and merit of this acquisition could establish Li3 as a global leader in the lithium and minerals sector. With this controlling interest in the Maricunga property (ranked by SignumBOX as one of the top ten lithium projects in the world) and its other prospective strategic lithium and other mineral holdings, Li3 is now firmly focused on the acquisition and development of highly prospective lithium brine properties in the Americas.

    Click here to access the entire press release

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