Lithium miners Orocobre, Galaxy gain approvals for merger
Published: Friday, 13 August 2021
Australia-listed lithium miners Orocobre and Galaxy have gained the shareholders’ and court approvals that were necessary for their proposed merger, the companies announced on Friday August 13.
On August 6, Galaxy’s shareholders voted in
favor of the deal, and on August 13 the Supreme Court of
Western Australia made orders approving the proposed merger,
the companies said.
According to the merger scheme, Galaxy shares will be
removed from the Australian stock exchange (ASX) on August