|Bid||0.2150 x 0|
|Ask||0.2250 x 0|
|Day's Range||0.2150 - 0.2150|
|52 Week Range||0.1100 - 0.2800|
|Beta (3Y Monthly)||1.10|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.00 (0.45%)|
|1y Target Est||N/A|
If you want to know who really controls Venus Metals Corporation Limited (ASX:VMC), then you'll have to look at the...
TORONTO , May 7, 2019 /CNW/ - Desert Lion Energy Inc (DLI.V) ("Desert Lion") is pleased to announce that on May 5, 2019 it entered into a definitive arrangement agreement (the "Arrangement Agreement") with ASX-Listed Lepidico Limited (LPD.AX) ("Lepidico") whereby Lepidico, an arm's length party from Desert Lion, will acquire all of the outstanding common shares of Desert Lion for 5.4 Lepidico shares for every 1 Desert Lion share (The "Transaction"). No finder's fee is payable in connection with the Transaction. 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.
Zero-debt allows substantial financial flexibility, especially for small-cap companies like Venus Metals Corporation Limited (ASX:VMC), as the company does not have to adhere to strict debt covenants. However, it also Read More...