OTCQX:AVLIF - Post by User
Post by
Target10on Mar 15, 2017 3:12pm
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Post# 25983898
Acquisition Finalized by March 31
Acquisition Finalized by March 31It appears that the final date for all of the final details for the Advantage/Orcobre deal will be March 31. After that, it's full steam ahead. The recent weakness, is a very good time to be a buyer. Their drilling program in Argentina will start once everything is finalized.
"Further to the Company’s news release of January 24, 2017, the Company is actively working with Orocobre to complete all tasks and finalize the definitive agreements under which the Company will acquire up to 75% of Orocobre’s Cauchari project and a 100% interest in five other lithium brine projects, comprising a total of 85,543 ha, located in the northern provinces of Jujuy, Salta and Catamarca in Argentina’s lithium triangle (the “Acquisition”). Completion of the Acquisition is expected to occur before March 31, 2017".