LLL 0.00% 50.5¢ leo lithium limited

News: LLL Ganfeng Lithium's Unit To Buy 40% Stake In Mali Lithium, page-29

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    6. Main terms of the agreement
    1. The total consideration for the acquisition of 40% equity of Mali Lithium is US$342.7 million. The company will pay the deposit to Leo Lithium within ten working days after the signing of the equity transfer agreement US$10.5 million; the company will pay the first-phase acquisition payment of US$161 million within ten working days after all prerequisites are met (or waived), and the remaining second-phase acquisition payment of US$171.2 million will be paid before June 30, 2025;

    2. Reasonable interest should be paid on the second-phase acquisition payment, and the interest calculation period is from the actual payment date of the first-phase acquisition payment to the actual payment date of the second-phase acquisition payment.
 
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