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In the news
The soap opera that is the ongoing takeover bid between ASX listed Lithium Australia NL (ASX: LIT) (“Lithium Australia”) and Lepidico Ltd. (“Lepidico”) continues.
Lithium Australia graphite spin-off heads to Madagascar Lithium Australia’s proposed graphite spin-off, Black Earth Minerals, is looking a little stronger after the acquisition of two highly prospective exploration projects in Madagascar.
Lithium Australia slams claims by takeover target Lepidico
Lithium Australia’s $24m takeover battle for Lepidico boiled over this week when the Perth-based company released an ASX statement slamming purported recent attacks on their Sileach technology by the Lepidico board.
In a full-frontal assault, Lithium Australia spelt out the comments made in public forums by the Lepidico board and rebutted them adding that they had also written directly to Lepidico’s lawyers.
Lithium Australia make their case for $21m Lepidico bid
Despite settling their IP dispute with fellow ASX listed Lepidico last week, Lithium Australia have signaled they were serious all along about their takeover bid for the company by releasing their official bidders statement last week.
Lithium Australia denies using toxic chemicals to develop technology
Lithium Australia wants to bust a myth that a process it is developing for lithium recovery uses toxic reagents.
The Perth-based company is developing a technology called Sileach, a hydrometallurgical process aimed at enhancing the recovery of lithium from hard rock.
Lithium Australia (ASX:LIT) Settles with Lepidico (ASX:LPD) to Accelerate Development Plans
Lithium Australia NL (ASX:LIT) announced the long-running intellectual property dispute between LIT and LPD has been settled with LIT retaining all rights to which it was entitled.
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23 March 2017 – LIT and Alix prepare for drilling at Agua Fria 2 pages (575Kb)
21 March 2017 – LIT update on BlackEarth Minerals NL IPO activities 2 pages (360Kb)
20 March 2017 – LIT advises dispatch of Bidders Statement for Lepidico Ltd 97 pages (2Mb)
13 March 2017 – Lithium Australia responds to LPD statements made on 1 & 10 March 2017 2 pages (292Kb)
9 March 2017 – Half Year Financial Report to 31 December 2017 25 pages (1.28Mb)
8 March 2017 – Appendix 3B 13 pages (779Kb)
07 March 2017 – Register Date for Takeover Bid 1 page (252Kb)
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