Galaxy Resources Limited (ASX:GXY) (Galaxy) and General Mining Corporation Limited (ASX:GMM) (General Mining) have entered into a definitive Takeover Bid Implementation Agreement (Implementation Agreement) to merge the two companies. It is proposed that Galaxy will acquire all of the issued shares of General Mining that it does not already own in a share based transaction by way of an off-market takeover offer (Offer).

Source: Galaxy Resources and General Mining to Merge Creating Leading Diversified Global Lithium Producer