Li3 Signs Memorandum of Understanding With Blue Wolf Mongolia Holdings Corp. - MarketWatch: "SANTIAGO, CHILE, Mar 21, 2013 (MARKETWIRE via COMTEX) -- Li3 Energy, Inc. LIEG -5.48% ("Li3," "Li3 Energy" or the "Company"), a US-listed and South America based global exploration company in the lithium and minerals sector, is pleased to announce that it has executed a Memorandum of Understanding with Blue Wolf Mongolia Holdings Corp. ("BW" or "Blue Wolf"). Blue Wolf is a British Virgin Islands ("BVI") blank check company, formed for the purpose of effecting a merger or other business combination. In 2011, Blue Wolf completed an IPO led by Deutsche Bank and its securities are currently listed on the NASDAQ Capital Market MNGL 0.00% MNGLU 0.00% MNGLW 0.00% . One of Blue Wolf's largest institutional shareholders is Geologic Resource Partners LLC, a US registered investment firm focused on the metals and mining sector."
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