20
Feb
07:22
Chengxin Lithium signs equity transfer amid restrictions in Canada
Shenzhen-listed manufacturer Chengxin Lithium announced its second-tier wholly-owned subsidiary Hong Kong Chengze Lithium has recently signed an equity transfer agreement with Canadian investment management firm Gator Capital.
The Chinese producer agreed to sell all shares it owns in Lithium Chile in this agreement, Kallanish learns.
According to the announcement released on 18 February, the transaction price was set at CAD 34,553,866 ($5.04 million) …
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