Pilbara Minerals could take control of Altura Mining’s assets by end-2020
Published: Wednesday, 11 November 2020
Spodumene producer Pilbara Minerals could execute a share sale agreement to acquire Altura Mining’s lithium project in Western Australia in early December, subject to completion of the receivership process, it said on Wednesday November 11.
"The placement and entitlement offer would be launched
concurrently," the producer added.
A filing with the Australian Securities Exchange (ASX) on
October 26 announced that spodumene producer Altura Mining had
entered receivership, and that Richard Tucker and John Bumbak
of advisory and investment firm KordaMentha had been appointed