Lithium miners Orocobre, Galaxy gain approvals for merger

By Sofia Okun
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 16....

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