Chaswood Resources is in a $1.357 billion reverse takeover deal that will turn it from an F&B operator into a lithium-ion battery maker.

Under terms of a Nov 5 sale and purchase agreement, the company will acquire a 70% stake in 3DOM (Singapore), which is owned by a Japan-incorporated 3DOM Inc.

This non-binding agreement of this RTO deal was first announced in Aug 22.

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