Brief: 29Metals Says Binding Terms Sheet For $50 Million Offtake Finance Facility With Glencore

29Metals

22/04/2024 02:05

April 22 (Reuters) - 29Metals Ltd  29M.AX :
    * BINDING TERMS SHEET FOR A US$50 MILLION OFFTAKE FINANCE
FACILITY
WITH GLENCORE
    * OFFTAKE FINANCE PACKAGE INCLUDES LONG-TERM CONCENTRATE
OFFTAKE
ON MARKET TERMS CAPRICORN COPPER INSURANCE CLAIM
    * WORK ON UNDERGROUND COMPONENT OF LOSS AND DAMAGE SUFFERED
AT
CAPRICORN COPPER IS ONGOING

Further company coverage:  29M.AX 

 ((Reuters.Briefs@thomsonreuters.com;))