Update on proposal to acquire Advantage Lithium Corp.
Advantage has now mailed its Management Information Circular and related proxy materials (which include non-ASX compliant information) for an annual general meeting and special meeting of Advantage shareholders to be held on April 14, 2020 at which approval will be sought to complete the transaction through a statutory plan of arrangement (the Arrangement).
A special committee of the Advantage Board has provided a favourable recommendation of the Arrangement and details/procedures pertaining to it.
About Orocobre Ltd.
Orocobre Ltd. (Orocobre) is a dynamic global lithium carbonate producer and an established producer of boron. Orocobre is dual listed on the Australia and Toronto Stock Exchanges (ASX: ORE), (TSX: ORL). Orocobre’s operations include its Olaroz Lithium Facility in Northern Argentina, Borax Argentina, an established Argentine boron minerals and refined chemicals producer and a 34.7% interest in Advantage Lithium. The Company has commenced an expansion at Olaroz and construction of the Naraha Lithium Hydroxide Plant in Japan. For further information, please visit www.orocobre.com.
Authorised by
R. Anthon
Joint Company Secretary
For more information please contact:
Andrew Barber, Chief Investor Relations Officer
Orocobre Ltd.
T: +61 7 3720 9088
M: +61 418 783 701
E: abarber@orocobre.com
W: www.orocobre.com
https://twitter.com/OrocobreLimited
https://www.linkedin.com/company/orocobre-limited
https://www.facebook.com/OrocobreLimited/
https://www.instagram.com/orocobre/
https://www.youtube.com/OrocobreLimited
Click here to subscribe to the Orocobre e-Newsletter