Sydney, Mar 16, 2017 AEST (ABN Newswire) - Lithium Australia (
ASX:LIT) has announced plans to launch a takeover offer for Lepidico Limited (ASX:LPD). We interviewed LIT's Managing Director, Adrian Griffin to discuss this as well as other recent corporate activities at the company. This included the settlement of litigation with Lepidico, the reasons for the take-over offer for Lepidico as well as a joint venture with Tin International for a German project.
About Lepidico
Lepidico is a lithium company with global interests that is focused on delivering the best possible returns to investors through exploration, development and operation of lithium assets, particularly those containing lithium-rich mica minerals. The Company's shares are traded on the Australian Securities Exchange (ASX) and also in Germany on the Frankfurt, Hamburg, Munich, Stuttgart, Xetra and Tradegate stock exchanges.
About Lithium Australia
Lithium Australia is a dedicated developer of disruptive lithium extraction technologies. LIT has strategic alliances with a number of companies, potentially providing access to a diversified lithium mineral inventory. LIT aspires to create the union between resources and the best available technology and to establish a global lithium processing business.
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