Lithium One and Galaxy Resources To Propose Merger

Lithium One Inc.(TSXV:LI) announced that it has received an interim court order for merger from the Ontario Superior Court of Justice authorizing a shareholder’s meeting. The Company will put forward a proposed plan of arrangement with Galaxy Resources Limited at the meeting.

As quoted in the press release:

At the Meeting, Securityholders will be asked to consider and, if thought fit, approve a special resolution relating to the proposed plan of arrangement (the “Arrangement”), involving Lithium One, the Securityholders, Galaxy Resources Limited (ASX:GXY) of Australia (“Galaxy”) and Galaxy Lithium One Inc. (“Canco”), a wholly owned Canadian subsidiary of Galaxy.

Click here to read the Lithium One Inc. (TSXV:LI) press releaseSee this press release on Marketwire
Click here to see the Lithium One Inc. (TSXV:LI) profile.

Get the Latest Lithium Investing Stock Information

Get the latest information about companies associated with Lithium Investing delivered directly to your inbox.


By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

Get Our Expert Guide to Lithium Investing - FREE!

Click here to download your FREE INN Report on the lithium market, "Lithium Forecast & Lithium Stocks To Buy".    
Gain Access

Leave a Reply