Latin Resources Limited fully owns the Salinas lithium project through its 100% wholly owned subsidiary, Belo Lithium Mineração Ltda.
On August 15, 2024, Pilbara Minerals announced a binding Scheme Implementation Agreement to acquire 100% of Latin Resources' issued shares through a court-approved scheme of arrangement.
The Scheme became legally effective on January 22, 2025, leading to the suspension of Latin Resources' securities from quotation.
On February 4, 2025, Pilbara Minerals announced that the acquisition of Latin Resources had been completed.
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