Brief: Anax Metals Says Signed Binding Royalty Agreement With Anglo American

Anax Metals

04/06/2021 02:39

June 4 (Reuters) - Anax Metals Ltd  ANX.AX :
    * SIGNED A BINDING ROYALTY AGREEMENT WITH ANGLO AMERICAN
    * DEAL FOR DEVELOPMENT OF WHIM CREEK PROJECT
    * AGREEMENT PROVIDES FOR AN IMMEDIATE PAYMENT TO CO OF US$2M
    * HAS EARNED AN 80% INTEREST IN PROJECT
    * AGREEMENT ALSO INCLUDES A PROPOSED PROJECT FUNDING PACKAGE
OF UP
TO US$20M

Source text for Eikon:  ID:nASXb3bJhh 
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