Brief: American Lithium Looks To “Spin Out” Uranium Assets To Independent Public Company
07/12/2022 11:08
Dec 7 (Reuters) - American Lithium Corp LI.V :
* AMERICAN LITHIUM LOOKS TO “SPIN OUT” URANIUM ASSETS TO
INDEPENDENT PUBLIC COMPANY
* AMERICAN LITHIUM - CO ANTICIPATES BEING IN A POSITION TO
FINALIZE THE TERMS OF THE TRANSACTION IN EARLY 2023
* AMERICAN LITHIUM - HAS MADE THE DECISION TO PURSUE A
“SPIN-OUT”
OF ITS MACUSANI URANIUM PROJECT INTO AN INDEPENDENT PUBLIC
COMPANY
Source text for Eikon: ID:nGNX7lTx78
Further company coverage: LI.V
((Reuters.Briefs@thomsonreuters.com;))
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