ESS essential metals limited

News: ESS IGO Ltd Says Lithium Joint Venture To Acquire Essential Metals Ltd

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    Jan 9 (Reuters) - IGO Ltd (IGO) :

    • LITHIUM JOINT VENTURE TO ACQUIRE ESSENTIAL METALS LIMITED
    • TIANQI LITHIUM ENERGY AUSTRALIA PTY LTD AND CO TO ACQUIRE 100% OF ESSENTIAL METALS LTD FOR A$0.50/SHARE
    • TRANSACTION WILL BE FUNDED USING CASH GENERATED BY TLEA
    • DEAL VALUES ESSENTIAL METALS EQUITY AT A$136 MILLION ON A FULLY DILUTED BASIS
 
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