Talison Lithium Closes Over-Allotment Option Increasing ‘Bought Deal’ Financing

- February 16th, 2011

Talison Lithium(TSE:TLH) reports that it has closed the previously announced over-allotment option to purchase an additional 1,605,000 ordinary shares of Talison.

Talison Lithium(TSX:TLH) reports that it has closed the previously announced over-allotment option to purchase an additional 1,605,000 ordinary shares of Talison.

The press release is quoted as saying:

 The Over-Allotment Option was previously granted to a syndicate of underwriters led by Cormark Securities Inc. and including Scotia Capital Inc., Haywood Securities Inc. and Byron Securities Limited in connection with Talison’s recently completed offering, on a bought deal basis, of 10,703,000 Shares at the Purchase Price, bringing the aggregate gross proceeds of the offering to CAD$80,002,000.

Click here to access the entire news release.

Click here to access Talison Lithium’s company profile.

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