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Global Lithium agrees to A$333 million takeover by Titan

Global Lithium Resources Ltd has entered into a binding Scheme Implementation Deed with Titan Australia Mining Pty for an acquisition valuing the company at A$333 million, representing a 73% premium to its last traded price. The board unanimously recommends shareholders vote in favour of the scheme.

GL1.AX

Sept. 15 per share. The deal values Global Lithium at A$333 million and represents a 73% premium to the last traded price. Global Lithium's board unanimously recommends shareholders vote in favour of the scheme.