Brief: Arctic Minerals Enters Letter Of Intent Regarding Acquisition Of Norwegian Gold Project

Arctic Minerals AB (publ)

15/08/2022 10:42

Aug 15 (Reuters) - Arctic Minerals AB (publ)  ARCT.ST :
    * ARCTIC MINERALS ANNOUNCES LETTER OF INTENT REGARDING THE
ACQUISITION OF A NORWEGIAN GOLD PROJECT
    * HAS ENTERED INTO A NON-BINDING LETTER OF INTENT REGARDING
ACQUISITION OF A 100% INTEREST IN KATTERAT MINERAL PROPERTY FOR
A CONSIDERATION OF MNOK 1.95 (KEUR 198)
    * IN EVENT THAT ARCTIC MINERALS AND SELLERS ENTER INTO A
BINDING
SHARE PURCHASE AGREEMENT, TRANSACTION IS EXPECTED TO BE
COMPLETED DURING Q3 2022
    * IN EVENT THAT A BINDING SHARE PURCHASE AGREEMENT IS NOT
ENTERED
INTO NO LATER THAN 30 SEPTEMBER 2022, LETTER OF INTENT CEASES TO
APPLY

Source text for Eikon:  ID:nBQN3kWZtn 
Further company coverage:  ARCT.ST 

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