M&A

Cancelled Hawkstone lithium deal now back on

THE deal for Hawkstone Mining to buy lithium projects in USA in a transaction featuring Klaus Eckhof is now back-on in revised form, with half of the 250 million shares to be issued in consideration now contingent upon delineation of a 30 million tonne resource and the well-known resource sector entrepreneur now not looking involved.

 Big Sandy, USA.

Big Sandy, USA.

Eckhof, Paul Lloyd and Greg Smith were part of the original deal, and while Lloyd is still set to become the key director at Hawkstone (and Smith is still to head the exploration push), Eckhof is no longer...

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