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Lithium Australia NL extends offer period for Lepidico to Monday 19 June 2017

LIT is a dedicated developer of disruptive lithium extraction technologies.

Lithium Australia NL (ASX:LIT) has extended the offer period of its takeover bid for Lepidico (ASX:LPD) to Monday 19 June 2017.

The off-market scrip bid is for all of the fully paid shares in Lepidico.

The new entity would be the holder of one of the largest lithium exploration and development portfolios in the world.