December 18, 2017 / 6:28 PM / 6 months ago

BRIEF-Nextview To Acquire Lithium X Energy Corp

Dec 18 (Reuters) - Lithium X Energy Corp:

* NEXTVIEW TO ACQUIRE LITHIUM X ENERGY CORP.

* LITHIUM X ENERGY CORP - DEAL FOR CASH OFFER OF $2.61 PER SHARE

* LITHIUM X ENERGY - ARRANGEMENT AGREEMENT PROVIDES FOR PAYMENT BY LITHIUM X OF C$15.9 MILLION TERMINATION FEE IF DEAL TERMINATED

* LITHIUM X-AGREEMENT ALSO PROVIDES FOR REVERSE BREAK FEE OF C$20 MILLION PAYABLE BY NEXTVIEW TO CO IF ARRANGEMENT NOT COMPLETED DUE TO DEFAULT BY NEXTVIEW Source text for Eikon: Further company coverage:

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