|Day's Range||0.00000 - 0.00000|
|52 Week Range|
|PE Ratio (TTM)||-11.67|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
SANTIAGO, Chile, Sept. 1, 2016 /PRNewswire/ -- Li3 Energy, Inc., (OTCQB: LIEG –News) ("Li3"or the "Company"), is pleased to advise that the legal and technical due diligence regarding the Maricunga Joint Venture ("JV") between Lithium Power International Limited (LPI.AX) ("LPI") and Minera Salar Blanco SpA ("MSB") has now been satisfactorily completed. As previously announced, LPI has entered into a binding and exclusive agreement with Chilean-based MSB for the exploration and development of the high-grade Maricunga lithium brine project in Chile, through the formation of new JV entity NewCo.
SANTIAGO, Chile, Aug. 2, 2016 /PRNewswire/ -- Li3 Energy, Inc., (OTCQB: LIEG –News) ("Li3"or the "Company"), a US-listed and South America based global exploration company in the lithium and minerals sector which holds a 49% interest in the Maricunga lithium project in Northern Chile (the "Project"), announced today that it is reviewing the recently-announced transaction between Minera Salar Blanco SpA ("MSB"), which owns a 51% interest in the Project, and Lithium Power International (LPI.AX) to advance the Project (the "Proposed Transaction"). Li3 will attend a shareholders meeting for Minera Li, the project company for the Project, on August 8, 2016 to hold initial discussions with MSB regarding the Proposed Transaction.
Li3 Energy, Inc. Reviewing Maricunga Lithium Project Transaction with Lithium Power International