Oct 12 (Reuters) - Lithium Power International Ltd (LPI) :
- RESPONSE TO MEDIA SPECULATION
- RECONFIRMS IT CONTINUES TO BE IN DISCUSSIONS WITH CODELCO REGARDING A POTENTIAL TRANSACTION
- CODELCO IS CONTINUING TO UNDERTAKE ITS DUE DILIGENCE INVESTIGATIONS
- CONFIRMS PRICE STATED IN ARTICLE IN RELATION TO A POTENTIAL TRANSACTION WITH CODELCO IS INCORRECT
- DISCUSSIONS WITH CODELCO REMAIN INCOMPLETE AND NO AGREEMENT ON TERMS HAS YET BEEN REACHED
- NO CERTAINTY THAT DISCUSSIONS WITH CODELCO WILL LEAD TO CONSUMMATION OF ANY POTENTIAL TRANSACTION
