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 reports an update on the Salares 7 project in Region III, Chile. The Company is pleased to advise that it has initiated the process to transform the concessions that cover the aerial extent of the Project’s salares/brine lakes (39,404 Ha) from the current ‘exploration’ concessions to ‘exploitation’ concessions. Todd Hilditch, CEO of Salares Lithium [...]
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