Charger Metals NL (AU:CHR) has released an update.
Charger Metals NL, a lithium exploration company, is in the midst of strategic discussions regarding its Bynoe and Lake Johnston Lithium Projects, including an unsolicited acquisition offer from Core Lithium Limited. The offer, which is conditional and non-binding, values Charger at a significant premium to its recent share price, though Charger’s Board feels it doesn’t fully capture the company’s value. Charger continues to explore various strategic options to maximize shareholder value, with ongoing drilling at Lake Johnston and no finalized agreements as of yet.
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