Lithium Australia NL (ASX:LIT, OTC:LMMFF)'s Adrian Griffin speaks to the company's transition from a mining and exploration entity to a lithium chemicals and battery technology player. Pursuant to this shift, LIT is out to change from a no liability (NL) business to a limited entity, listed on the ASX as Lithium Australia Ltd. To facilitate this shift, the company has issued a prospectus and intends to cancel its partly paid shares, issuing three-year options in their stead.
Lithium Australia to shift from NL business structure to reflect battery tech focus
