Take no action, Alpha Lithium tells shareholders
Canada-based Alpha Lithium on Friday confirmed that it had received an unsolicited takeover bid from TechEnergy Lithium Canada – a new subsidiary of Spanish firm Tecpetrol Investments – and urged shareholders not to take any action. The company stated that its board and special committee of independent directors would review the Tecpetrol offer and related takeover circular within the next 15 days.
Source: miningweekly.com