Lepidico deal targeting roaring lithium business

BUDDING lithium company Lepidico is looking to fast-track its ambitions to become a producer by merging with a Canadian-listed company with mine-permitted lepidolite deposits in Namibia.

Lepidico deal targeting roaring lithium business Lepidico deal targeting roaring lithium business Lepidico deal targeting roaring lithium business Lepidico deal targeting roaring lithium business Lepidico deal targeting roaring lithium business

Two lithium-leveraged businesses into one is the result of the Lepidico-Desert Lion merger

TSX-V company Desert Lion Energy will hold about 16% of the enlarged Lepidico after a scrip deal pitched at a 38% premium.

Desert Lion owns the Rubicon and Helikon deposits.

topics

loader