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    ESS — Essential Metals News Story

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    Brief: IGO Ltd Says Lithium Joint Venture To Acquire Essential Metals Ltd

    Picture of Essential Metals logoEssential Metals
    08/01/2023 22:13
    Jan 9 (Reuters) - IGO Ltd  IGO.AX :
    * 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

Source text for Eikon:  ID:nASX1BQ4f5 
Further company coverage:  IGO.AX 
 ((reuters.briefs@thomsonreuters.com;))

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