Dec 18 (Reuters) - SensOre Ltd. :
* DECIDES ON STRATEGIC DIVISION OF ITS EXPLORATION AND TECHNOLOGY ASSETS BY PRIVATISING ITS TECHNOLOGY ASSETS
* TO PROPOSE REBRANDING AS PREMIER1 LITHIUM LIMITED, PENDING SHAREHOLDER CONSENT
* ENTERED DEAL WITH JV PARTNER DEUTSCHE ROHSTOFF AG FOR ACQUISITION OF 70% STAKE IN LITHIUM ASSETS CO DID NOT ALREADY OWN VIA A SCRIP DEAL
* AGREEMENT COINCIDES WITH A WELL-SUPPORTED A$3M PLACEMENT
* NEW TECHNOLOGY CO WILL OPERATE AS INDEPENDENT, UNLISTED ENTITY WITH NEW VENTURE CAPITAL AS DISCUSSIONS PROGRESS WITH NUMBER OF PARTIES
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