Lithium Power International to sell Australian subsidiary to Albemarle for AUD$30M
Green Car Congress
JUNE 19, 2023
Out of the total consideration AUD$29,000,000 will be received at completion while the balance of AUD$1,000,000 will only be received if certain tenement applications are granted within 18 months of completion. As previously announced, the intended demerger of WLI from LPI and subsequent new listing of WLI on ASX was well advanced.
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