RE:RE:TakeoutIt looks like 1st stage of consolidation for lithium stocks:
"07:29 AM EDT, 10/12/2021 (MT Newswires) -- Neo Lithium (NLC.V), already trading at 52 week high type levels, over the holiday weekend in Canada said it and Zijin Mining Group Co., Ltd.(SSE: 601899 and SEHK: 2899) entered into a definitive agreement, pursuant to which Zijin has agreed to acquire all of the outstanding shares of Neo Lithium at a price of C$6.50 per share in cash. The Offer Price represents a premium of approximately 36% over Neo Lithium's 20-day volume-weighted average price as at October 8, 2021 on the TSX Venture Exchange. The total cash consideration for all of the outstanding equity of Neo Lithium is approximately C$960 million ."
Wonder if other companies like LI or PE maybe on the list too?
G37