1. Talison Lithium (TSX: TLH) – The Race is On For Security of Supply

On Monday, we became aware that a subsidiary of Chengdu Tianqui Industry Group (Tianqui) had acquired a stake in TLH with the intention to submit a bid for a takeover of the company. At this point, TLH has not received a bid and still recommends voting in favor of the Rockwood proposal at $6.50 per share. The subsidiary of Tianqui, Winfield Holdings, has purchased a 15% stake in TLH and has said they will submit a bid for the remaining shares at a price above the Rockwood proposal.

Written by Chris Berry, MBA - [ Discovery Investing Web Site ]