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Lite Access Extends Acquisition Talks with Ironman

Lite Access Extends Acquisition Talks with Ironman

Lite Access Technologies (TSE:LTE) has released an update.

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Lite Access Technologies Inc. has extended its exclusive negotiation period with Ironman Directional Drilling Ltd. until October 31, 2024, regarding their anticipated acquisition, which was initially announced in May 2023. The acquisition is contingent upon various conditions, including shareholder approval and the final nod from the TSX Venture Exchange. Lite Access is recognized for its innovative and cost-effective fibre optic solutions and installation methodologies in the telecommunications industry.

For further insights into TSE:LTE stock, check out TipRanks’ Stock Analysis page.

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