Lithium Australia NL (ASX:LIT) has extended its off-market takeover offer for Lepidico (ASX:LPD) to Friday 19th May 2017.
The off-market scrip bid of A$23.8 million is for all of the fully paid shares in Lepidico.
The new entity would be the holder of one of the largest lithium exploration and development portfolios in the world.