# Lepidico to acquire Desert Lion in all-share deal

Lepidico announced an all-share offer to acquire Desert Lion, paying 5.4 shares for every one Desert Lion share.

- Type: Acquisition
- Announced: 2019-05-07
- Where: Namibia, Namibia
- Status: announced

## Companies

- [Lepidico](https://endata.com/companies/38824.md) (acquirer)
- [Desert Lion](https://endata.com/companies/38825.md) (target)
- [Desert Lion Energy](https://endata.com/companies/39356.md) (target)

## Sources

- [newswire.ca](https://www.newswire.ca/fr/news-releases/lepidico-and-desert-lion-to-merge-817057772.html), 2019-05-07: "The Transaction is anticipated to create a vertically integrated lithium development company from mine to chemical conversion plant by combining Lepidico's leading proprietary lithium processing technologies with Desert Lion's lepidolite Mineral Resources and extensive exploration package."
- [listcorp.com](https://www.listcorp.com/publisher/edison/acquisition-rights-offer-and-gulf-fluor-alliance-2087824.html), 2019-05-09: "Lepidico (LPD) has, this week, announced a trio of transformative initiatives."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.