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 the day we engaged in [...]
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 (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 September 16, 2010. For complete [...]
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 [...]
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 [...]
Last week Japan's fourth-largest trading house, Itochu Corp., announced that it has taken a 20 percent stake in a U.S. project to produce lithium and that it expects to start sample shipments for use in car batteries by the end of this year.
Salares Lithium reports that its company information will be made available via Standard & Poor’s Market Access Program. In addition, information about companies in Standard & Poor’s Market Access Program will be available via S&P’s Stock Guide database, which is distributed electronically to virtually all major quote vendors. As part of the program, a full description of [...]
Salares Lithium reports an update on the Salares 7 project in Region III in Chile. The Company is pleased to report that it has signed a 3,000 metre diamond drill contract with Terraservices of Santiago, Chile. The program is designed to test selected parts of the interpreted brine bearing horizon (reservoir rock) at the Salar de la Isla, [...]
Get our independent commentary on lithium trends and companies delivered to your inbox.
