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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Advantage Lithium Corp | TSXV:AAL | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.265 | 0.22 | 0.30 | 0 | 01:00:00 |
Under the terms of the Arrangement, Advantage shareholders have now received 0.142 shares of Orocobre for each Advantage share held.
Orocobre has now issued approximately 15.1 million shares, increasing its total issued shares by 5.8%. Orocobre has utilised its 15% placement capacity to complete the Arrangement without the need for Orocobre shareholder approval.
Orocobre Managing Director and CEO Mr. Martín Pérez de Solay commented, “I would like to thank Advantage shareholders for their support of this transaction and welcome them to Orocobre. Whilst current global events present some challenges, the fundamentals of the lithium industry into the future remain strong and Advantage shareholders will now be able to participate in this directly.
“The completion of this transaction delivers Orocobre an unparalleled land holding and resource position which will be the base for future growth,” he said.
Authorised by:
Rick AnthonJoint Company Secretary
For more information please contact:Andrew BarberChief Investor Relations OfficerOrocobre LimitedM: +61 418 783 701 E: abarber@orocobre.comW: www.orocobre.com
Twitter: https://twitter.com/OrocobreLimitedLinkedIn: https://www.linkedin.com/company/orocobre-limitedFacebook: https://www.facebook.com/OrocobreLimited/Instagram: https://www.instagram.com/orocobre/YouTube: https://www.youtube.com/OrocobreLimited
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About Orocobre LimitedOrocobre Limited (Orocobre) is a dynamic global lithium carbonate producer and an established producer of boron. Orocobre is dual listed on the Australia and Toronto Stock Exchanges (ASX: ORE), (TSX: ORL). Orocobre’s interests include its Olaroz Lithium Facility in Northern Argentina, a material JORC Resource in the adjacent Cauchari Basin and Borax Argentina, an established boron minerals and refined chemicals producer. The Company has commenced an expansion at Olaroz and construction of the Naraha Lithium Hydroxide Plant in Japan. For further information, please visit www.orocobre.com.
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