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 for each Salares common share [...]
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. For Salares’ company profile, click [...]
Salares Lithium Inc. (CVE:LIT) & Talison Minerals report a proposed merger to combine their respective lithium assets. Talison and Salares have agreed to extend the termination date of the Letter Agreement that sets out the terms upon which the proposed merger will be implemented from August 9, 2010 to August 12, 2010 in order to allow the parties [...]
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 outlined in the Company’s [...]
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, the combined entity will [...]
The 'Salares 7' project consists of 7 salares, of which five are clustered within 155 km’s. These 5 salares are 100% owned with a local partner resulting in no severed ownership. Salares Lithium has one of the most extensive pure salare concession packages in the lithium exploration sector.
Get our independent commentary on lithium trends and companies delivered to your inbox.
