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NLC - Neo Lithium News Story

C$6.39 0.0  0.0%

Last Trade - 03/12/21

Sector
Basic Materials
Size
Mid Cap
Market Cap £531.8m
Enterprise Value £499.4m
Revenue £n/a
Position in Universe 322nd / 2705

BRIEF-Zijin Mining To Acquire Neo Lithium Corp In All-Cash Offer

Sat 9th October, 2021 12:37am
Oct 8 (Reuters) - Neo Lithium Corp  NLC.V :
    * ZIJIN MINING TO ACQUIRE NEO LITHIUM CORP. IN ALL-CASH
OFFER
    * NEO LITHIUM -ENTERED INTO DEFINITIVE AGREEMENT, TO WHICH
ZIJIN
AGREED TO ACQUIRE ALL OF OUTSTANDING SHARES OF CO AT PRICE OF
C$6.50 PER SHARE IN CASH
    * TOTAL CASH CONSIDERATION FOR ALL OF OUTSTANDING EQUITY OF
NEO
LITHIUM IS APPROXIMATELY C$960 MILLION
    * ZIJIN IS COMMITTED TO RETAINING CURRENT MANAGEMENT AND
PROFESSIONAL TEAM AT LIEX S.A., NEO LITHIUM'S LOCAL OPERATING
SUBSIDIARY

Source text for Eikon:  ID:nCNWG44j2a 
Further company coverage:  NLC.V 

 ((Reuters.Briefs@thomsonreuters.com;))
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