Currently viewing Global edition

NextView splashes more cash on Lithium X

It’s been a busy week for NextView, with the Chinese fund manager securing a cornerstone stake in the Sonora lithium project in Mexico and, now, acquiring Lithium X (CN:LIX).

NextView splashes more cash on Lithium X NextView splashes more cash on Lithium X NextView splashes more cash on Lithium X NextView splashes more cash on Lithium X NextView splashes more cash on Lithium X

The cash and lithium is flowing for Lithium X shareholders

The company has agreed to pay C$265 million (US$205 million) in cash for Lithium X, which represents a 29.4% premium on the lithium company's 20-day volume weighted average price ending on Dec...