M&A

Merging Alliance-Tawana to initially only trade in Singapore

SHARES in the combined lithium entity of Alliance Mineral Assets and ASX-listed Tawana Resources will initially only be tradeable on the Singapore market after the two companies decided there wasn't enough time for the Singapore company to list in Australia before the targeted merger completion date late next month.

The Bald Hill operations

The Bald Hill operations

However an ASX-listing will be worked towards "as soon as practicable" after the merger. "The decision to waive the ASX Listing Condition was not taken lightly by the (Tawana) board," Tawana said in...

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