25 days ago • Posted by William Ramstein

American Lithium bursts with planned acquisition of Plateau Energy Metals and lithium price surge

American Lithium will acquire all of Plateau Energy Metals’ shares at a 72% premium to the latter’s 20-day volume-weighted average trading price on Feb. 5, according to a statement. Plateau closed at 53 Canadian cents (42 cents) on Friday and shares surged 17% on Monday before being halted pending an announcement. - Bloomberg

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