KDR 0.00% $1.90 kidman resources limited

SQM - KDR JV considerations, page-12

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    Following are the various conditions:

    The binding letter agreement provides that completion of the acquisition and establishment of the JV will be subject to various conditions precedent customary for a transaction of this type, including:
    1. approval of the acquisition by SQM under the Foreign Acquisitions and Takeovers Act 1975;
    2. Ministerial approval to the transfer of the relevant tenements;
    3. no event or events occurring which will, in SQM’s opinion, have an adverse effect on the ability of the parties to proceed with the transaction or with the development of the project; and
    4. any other necessary third-party approvals.

    Who are the any other necessary third-party approvals? Do it include major shareholders like CAPRI?
    For events, in the event of another major lithium producer becomes a major shareholder other than SQM, will this affect the agreement?

    Any opinions?

    DYOR
 
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