June 1, 2018
On April 13, 2018, International Battery Metals Ltd. (CSE: IBAT) (“IBAT”), announced that it had completed the previously announced acquisition of Selective Adsorption Lithium, Inc. (“SAL”), a company that specializes in lithium extraction from oilfield brines. The acquisition was completed pursuant to a share exchange agreement entered into between IBAT, SAL, the shareholders of SAL and North American Lithium, Inc.
IBAT is an advanced technology company focused on lithium brine extraction.
Miller Thomson was counsel to IBAT in this acquisition with a team that was led by Rory Godinho and included Kevin Sorochan, Brian Fast and Elizabeth Holden (corporate/M&A) and Aiyaz Alibhai (IP).