LI3 Energy Inc (fka LIEG)

[woolfgi]

Merger Bearing/Li3 takes effectiv

E-Mail from Bearing Lithium says:

"Transaction Update

Li3 Energy is in contact with their transfer agent and is preparing to print the proxy statements for the upcoming shareholder meeting. Li3 Energy Management expects to mail out the proxy statements and announce a shareholder vote in short order, subsequent to which the transaction is expected to close in short order. Note that Li3 Energy shareholders representing over 60% of the outstanding common shares have entered into lock-up agreements to vote in favor of the transaction (refer to June 15th, 2017 press release)."

Press release June 15th, 2017:
http://bearingresources.nimbol.com/announcements/bearing-announces-lock-up-agreement-representing-over-60-of-li3-energy-shareholders