M&A

Tawana and Alliance doing deal on Bald Hill

OWNERSHIP consolidation and capital raisings that could be used to double the lithium output from the Bald Hill operation figure as obvious speculations after 50:50 project partners Tawana Resources and Singapore-listed Alliance Mineral Assets went into trading halts on their respective exchanges.

 Ownership of Bald Hill is under the spotlight in deal between Tawana and Alliance Mineral Assets

Ownership of Bald Hill is under the spotlight in deal between Tawana and Alliance Mineral Assets

Tawana called for a trading halt "in relation to execution of a potential control transaction and capital raising". A simplified ownership structure that sees a single owner of Bald Hill stands as a...

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