Lightning Minerals Completes Due Diligence for Bengal Mining Acquisition

MT Newswires Live05-28

Lightning Minerals (ASX:L1M) said due diligence was completed on its transaction to acquire Bengal Mining, which holds options over the CaraÃbas and SidrÃ´nio lithium projects in Brazil.

This marked an important stage for the company's progress in finalizing the proposed acquisition, which is subject to approval at an extraordinary general meeting to be held June 13, according to a Tuesday filing with the Australian bourse.

Works will start this week, with a team starting ground reconnaissance works at the projects in preparation for a site visit by managing director Alex Biggs and exploration manager Jarrad Woodland in early June.

Lightning Minerals shares rose 1% in recent trade.

Price (AUD): $0.09, Change: $, Percent Change: +4.88%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2438997593?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-05-28 10:50","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2438997593","market":"sg","top_or_hot":-1,"title":"Lightning Minerals Completes Due Diligence for Bengal Mining Acquisition","media":"MT Newswires Live","content":"<html><body><p> Lightning Minerals (ASX:L1M) said due diligence was completed on its transaction to acquire Bengal Mining, which holds options over the CaraÃbas and SidrÃ´nio lithium projects in Brazil.</p><p>This marked an important stage for the company's progress in finalizing the proposed acquisition, which is subject to approval at an extraordinary general meeting to be held June 13, according to a Tuesday filing with the Australian bourse.</p><p>Works will start this week, with a team starting ground reconnaissance works at the projects in preparation for a site visit by managing director Alex Biggs and exploration manager Jarrad Woodland in early June. </p><p>Lightning Minerals shares rose 1% in recent trade.</p><p>Price (AUD): $0.09, Change: $, Percent Change: +4.88%</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lightning Minerals Completes Due Diligence for Bengal Mining Acquisition</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLightning Minerals Completes Due Diligence for Bengal Mining Acquisition\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-28 10:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Lightning Minerals (ASX:L1M) said due diligence was completed on its transaction to acquire Bengal Mining, which holds options over the CaraÃbas and SidrÃ´nio lithium projects in Brazil.This marked ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2438997593","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2438997593","pubTimestamp":1716864619,"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Lightning Minerals  said due diligence was completed on its transaction to acquire Bengal Mining, which holds options over the Carabas and Sidrnio lithium projects in Brazil.This marked an important stage for the company's progress in finalizing the proposed acquisition, which is subject to approval at an extraordinary general meeting to be held June 13, according to a Tuesday filing with the Australian bourse.Works will start this week, with a team starting ground reconnaissance works at the projects in preparation for a site visit by managing director Alex Biggs and exploration manager Jarrad Woodland in early June. Lightning Minerals shares rose 1% in recent trade.Price : $0.09, Change: $, Percent Change: +4.88%","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"闪电矿业完成孟加拉矿业收购尽职调查","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AUD":1,"MTX":1,"L1M.AU":0.9},"content_text":"Lightning Minerals (ASX:L1M) said due diligence was completed on its transaction to acquire Bengal Mining, which holds options over the CaraÃbas and SidrÃ´nio lithium projects in Brazil.This marked an important stage for the company's progress in finalizing the proposed acquisition, which is subject to approval at an extraordinary general meeting to be held June 13, according to a Tuesday filing with the Australian bourse.Works will start this week, with a team starting ground reconnaissance works at the projects in preparation for a site visit by managing director Alex Biggs and exploration manager Jarrad Woodland in early June. Lightning Minerals shares rose 1% in recent trade.Price (AUD): $0.09, Change: $, Percent Change: +4.88%","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2438997593"}