CAPITAL MARKETS

Galaxy expands global reach

LITHIUM producer Galaxy Resources says its friendly $C112 million ($A107 million) takeover of Canadian joint venture partner Lithium One is essential if it wants to be a key player in meeting growing demand over the coming decade.

Kristie Batten

Galaxy expands global reach

On Friday night, Galaxy announced it was offering 1.8 shares for every one Lithium One share listing on the Toronto Stock Exchange Venture Exchange, valuing Lithium One shares at $1.55, a 27% premium to...

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