BRÈVE

sur Namibia Critical Metals Inc. (isin : CA62988F1027)

Namibia Critical Metals Updates Transaction with Sylla Gold Corp.

Namibia Critical Metals Inc. (NCMI) has announced an amendment to its share purchase agreement with Sylla Gold Corp. Sylla will acquire a 95% interest in NCMI's Namibian subsidiaries, which own the Grootfontein, Erongo, Otjiwarongo, and Kaoko licenses. This agreement also includes associated assets.

In exchange, Sylla will issue 3,000,000 common shares at $0.05 per share and make a cash payment of $100,000 to NCMI. The transaction's closing date is extended to August 31, 2024. All other terms remain unchanged. Closing is subject to regulatory approvals and TSX Venture Exchange acceptance.

President Darrin Campbell, also a director at Sylla, highlights the non-arm's length nature of this transaction. NCMI is recognized for developing the Lofdal Project, a significant heavy rare earth deposit, in partnership with Japan Organization for Metals and Energy Security (JOGMEC).

R. E.

Copyright © 2024 FinanzWire, tous droits de reproduction et de représentation réservés.
Clause de non responsabilité : bien que puisées aux meilleures sources, les informations et analyses diffusées par FinanzWire sont fournies à titre indicatif et ne constituent en aucune manière une incitation à prendre position sur les marchés financiers.

Cliquez ici pour consulter le communiqué de presse ayant servi de base à la rédaction de cette brève

Voir toutes les actualités de Namibia Critical Metals Inc.