By the way, that Lithium X (LIX.v) break fee and escrow agreement - Hallo friendsTODAY'S NEWS AND ACCREDITED, In the article you read this time with the title By the way, that Lithium X (LIX.v) break fee and escrow agreement, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article BANKING, Article CULTURE, Article ECONOMIC, Article HOTELS, Article POLITICAL, Article SOCIAL, Article SPORTS, Article TOURISTS, Article TRAVELING, We write this you can understand. Alright, good read.

Title : By the way, that Lithium X (LIX.v) break fee and escrow agreement
link : By the way, that Lithium X (LIX.v) break fee and escrow agreement

By the way, that Lithium X (LIX.v) break fee and escrow agreement

Reader 'D' pointed this out in a mail this morning:

"The reverse break fee has been secured through the deposit of US$16,000,000 in trust with Lithium X’s counsel in Hong Kong, subject to the terms of an escrow agreement under which those funds may not be released without the consent of both parties"

Ever seen an escrow with a veto clause before? What kind of wet-behind-the-ears CEO agreed to these terms, can't be ver....ah, yeah. Right.

Thus Article By the way, that Lithium X (LIX.v) break fee and escrow agreement

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