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LAC / Lithium Americas to acquire Arena Minerals in C$311M all-stock deal

Lithium Americas to acquire Arena Minerals in C$311M all-stock deal
Lithium Americas Corp (TSX:LAC, NYSE:LAC) announced that it has agreed to acquire all of the issued and outstanding common shares of Arena Minerals Inc that it does not already own in an all-stock transaction valued at C$311 million. The lithium projects developer said shareholders of Arena Minerals will receive 0.0226 of a Lithium Americas common share for each Arena share held, which would result in Arena investors owning about 5.7% of Lithium Americas. Read More
Posted: Dec 20 2022, 09:58
Author Name: Proactive Investors
Views: 111588

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