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21 Dec
18:33

Amani Gold looks to acquire Authium’s lithium project

Australia’s Amani Gold has agreed to acquire lithium developer Authium on an “arm’s length commercial basis,” the companies announced Thursday. The two have entered into a binding terms sheet, under which Amani Gold will acquire both the rights and title to Authium’s issued share capital. Once the deal closes, Authium will become a wholly-owned subsidiary of Amani Gold. However, Amani Gold must still obtain shareholder approval for t…
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