M&A

Bald Hill owner inks battery metal deal with Novo

LATE last week there was a surprising shake-up on the register of Canada-based gold explorer Novo Resources, with China-backed Liatam Mining taking an almost 5% stake an entering into an earn-in deal to explore for battery metals across the Quartz Hill area.

 Liatam will look at Nova's Pilbara ground

Liatam will look at Nova's Pilbara ground

Quartz Hill is south of Nullgaine, and is close to where Global Lithium Resources has its Manna project.   The deal with Liatam has a total value of some C$27 million.   Liatam paid a 26% premium...

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