Lifezone Metals Completes Business Combination With GoGreen, Creates First Pure-Play NYSE Publicly Traded Nickel Resource and Cleaner Technology Company
Portfolio Pulse from Happy Mohamed
Lifezone Metals has completed its business combination with GoGreen Investments, creating the first pure-play nickel resource and cleaner technology company listed on the NYSE. The company's shares and warrants are expected to start trading under the ticker symbols 'LZM' and 'LZMW'. The transaction brought in gross proceeds of approximately $86.6 million for Lifezone Metals. The company has received strong support from the U.S. and Tanzanian governments, highlighting Tanzania's importance as a key emerging supplier of critical minerals.
July 06, 2023 | 1:07 pm
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Lifezone Metals has completed a business combination with GoGreen, creating a new entity that is the first pure-play nickel resource and cleaner technology company listed on the NYSE. The company's shares and warrants will trade under the symbols 'LZM' and 'LZMW'. The deal brought in gross proceeds of approximately $86.6 million for Lifezone Metals.
The completion of the business combination and the start of trading on the NYSE are significant milestones for Lifezone Metals. The gross proceeds from the transaction will likely provide the company with additional capital for its operations and growth. The strong support from the U.S. and Tanzanian governments also bodes well for the company's future prospects.
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IMPORTANCE 80
RELEVANCE 100