Strategic Minerals Europe Corp (TSE:SNTA) has released an update.
Strategic Minerals Europe Corp. has announced a significant business combination with IberAmerican Lithium Corp., through which IberAmerican will acquire all outstanding shares of Strategic Minerals. Shareholders of Strategic Minerals will receive one IberAmerican share for every seven shares they hold. The transaction, subject to shareholder and regulatory approvals, is set to reshape the company’s future in the tin, tantalum, and niobium markets.
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