Lithium Australia outlines upcoming Charger Metals IPO and exploration plans


Lithium Australia NL's (ASX:LIT) (OTCMKTS:LMMFF) (FRA:3MW) Adrian Griffin speaks to Proactive's Andrew Scott soon after announcing shareholders are being offered a priority allocation in the upcoming Initial Public Offering of Charger Metals NL. The company has a joint venture agreement with Charger, which has an option to acquire LIT exploration projects that includes the Coates and Lake Johnston projects in Western Australia and the Bynoe Project in the Northern Territory. Lithium Australia retains a 30% interest in the exploration projects and will be the major shareholder in Charger.
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