Bacanora Lithium PLC - developer of Sonora lithium project in Mexico - Ganfeng International Trading (Shanghai) Ltd says takeover of Bacanora has backing of just under 57% of shareholders. In August, the two reached agreement on recommended cash offer worth 73.6 pence per Bacanora share. It valued Bacanora at around GBP284.8 million.
Current stock price: 67.00p
Year-to-date change: up 4.7%
By Eric Cunha; ericcunha@alliancenews.com
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