◂ Announcements

Apr 5, 2018ACQUISITIONWestern Australia, Australia

Alliance Mineral Assets and Tawana Resources agree merger of equals

Alliance Mineral Assets Limited and Tawana Resources NL announced a merger of equals to consolidate ownership of the Bald Hill lithium project. The merged entity will have a pro-forma market capitalisation of approximately A$446 million.

Value

$346.0M (446.0M AUD)

Status

Announced

Productslithium concentrate

CompaniesAlliance Mineral Assets acquirer Tawana Resources NL target

Sectors#Mining Equipment

“We are extremely pleased that the joint venture arrangement we entered into with Tawana in 2017 has resulted in a merger proposal that makes sound strategic sense”acnnewswire.com

2 sources
acnnewswire.comSGX-listed Alliance Mineral Assets Limited plans merger with ASX-listed Tawana Resources NL to become a mid-tier lithium producerApr 5, 2018
australianmining.com.auTawana to merge with Bald Hill lithium partner Alliance - Australian MiningBen CreaghApr 5, 2018

Summarized from public sources; check the original articles before acting on it.

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