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Piedmont Lithium Inc. (PLL) announced that it inked a deal to sell a portion of shares it holds in Atlantic Lithium to Assore International Holdings. This move will further bolster Piedmont Lithiumâs cash balance.
The company has agreed to sell 24.3 million Atlantic shares for GBP0.25 per share, which represents a premium above the current market price. The shares to be sold represent 3.9% of Atlantic's outstanding shares. It will result in $7.8 million in proceeds for Piedmont.
The s...
>>> Read more: Piedmont Lithium (PLL) to Sell Portion of Its Atlantic Shares
The company has agreed to sell 24.3 million Atlantic shares for GBP0.25 per share, which represents a premium above the current market price. The shares to be sold represent 3.9% of Atlantic's outstanding shares. It will result in $7.8 million in proceeds for Piedmont.
The s...
>>> Read more: Piedmont Lithium (PLL) to Sell Portion of Its Atlantic Shares
