MetalsTech has an interest in six lithium projects located in Quebec, Canada.
Shareholders on the Lithium Australia register as of today will be able to bid for up to 5 million shares set aside on a first come, first served basis.
Allocations will be subject to availability and the MetalsTech directors’ absolute discretion.
Adrian Griffin, managing director, commented: "Lithium Australia has maintained a policy of creating real value for shareholders.
"The MetalsTech priority offer gives Lithium Australia shareholders a priority entitlement to gain exposure to one of the great hard rock lithium provinces – Quebec Canada – which is emerging as a principal building block in the supply chain for the ‘lithium revolution’."