Zhitong Financial App News, Hualian Holdings (000036.SZ) announced that the company plans to use its own or self-funded capital of approximately US$175 million (equivalent to RMB 1,235 million) to acquire 100% of the Argentum Lithium S.A. (hereinafter referred to as “Chilean Lithium”) and Steve William Cochrane (“Steve Cochrane”) holdings of Lithium Chile Inc. (hereinafter referred to as “Steve Cochrane”) Shares, thereby obtaining 80% interest in the Arizaro project (hereinafter referred to as the “transaction”). On the same day, the company signed a “Share Purchase Agreement” with the counterparty.

Zhitong Financial App News, Hualian Holdings (000036.SZ) announced that the company plans to use its own or self-funded capital of approximately US$175 million (equivalent to RMB 1,235 million) to acquire 100% of the Argentum Lithium S.A. (hereinafter referred to as “Chilean Lithium”) and Steve William Cochrane (“Steve Cochrane”) holdings of Lithium Chile Inc. (hereinafter referred to as “Steve Cochrane”) Shares, thereby obtaining 80% interest in the Arizaro project (hereinafter referred to as the “transaction”). On the same day, the company signed a “Share Purchase Agreement” with the counterparty.