Lithium Royalty Corp (LRC) has proposed a C$15 million acquisition of TNR Gold Corp. This move aims to secure a share of revenues from an Argentina lithium project.
Lithium Royalty’s Unsolicited Offer
LRC made an unsolicited offer to acquire TNR Gold at 8 Canadian cents per share. This offer came after attempts to engage with TNR Gold since mid-July to discuss a potential deal. The offer represents a 45% premium to the closing share price on Thursday.
Company Website: https://www.lithiumroyaltycorp.com
The content presented on this page has been automatically generated and has not been manually verified or edited by our team. While we strive to ensure accuracy, we cannot guarantee the validity, completeness, or timeliness of the information provided. Always consult with appropriate professionals or sources before making any decisions based on this content.