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Ganfeng Lithium Acquires Remaining Stake In Mariana Project From Joint Venture Partner
Ganfeng Lithium Acquires Remaining Stake In Mariana Project From Joint Venture
About this update from Ganfeng Lithium Group Co., Ltd. Class A
On October 20, 2021 , Ganfeng Lithium announced that its wholly-owned subsidiary Ganfeng Lithium Netherlands CO.,B.V., had completed its acquisition of the remaining 8.58% shares that it did not already own in Litio Minera Argentina S.A. from joint venture partner International Lithium Corp. The transaction amount was US$3.178 million , consisting of a net cash consideration of US$10 million being US$13.17 million less principal and interest on an exploration loan of US$3.17 million . Linda Hogg of Gowling WLG advised Ganfeng Lithium with respect to this acquisition. Read the original article on GowlingWLG.com. The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances. Ms Linda J. Hogg Gowling WLG Suite 1600, 1 First Canadian Place 100 King Street West Toronto Ontario M5X 1G5 CANADA Tel: 4168627525 Fax: 4168627661 E-mail: [email protected] URL: www.gowlingwlg.com © Mondaq Ltd, 2021 - Tel. +44 (0)20 8544 8300 - http://www.mondaq.com, source Business Briefing
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