GBM agrees to buy Lomiko to add Quebec graphite project
· canadian mining journal staff
AI Briefing
- • Global Battery Materials agrees to buy Lomiko Metals in an all-share deal worth approximately $11 million.
- • The acquisition aims to add Lomiko's Quebec graphite project to GBM's portfolio.
- • Terms of the deal will be finalized once regulatory approvals are obtained.
Context
Global Battery Materials has agreed to buy Lomiko Metals in an all-share deal. The deal is valued at about $11 million.
The acquisition will add a Quebec graphite project to Global Battery Materials' portfolio.
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