Brief: Pathfinder Resources Announces Divestment Of Hamersley Iron Ore Project

Cazaly Resources

09/07/2021 07:09

July 9 (Reuters) - Pathfinder Resources Ltd  PF1.AX :
    * DIVESTMENT OF HAMERSLEY IRON ORE PROJECT,CAZ-PF1.AX
    * EXECUTED A BINDING HOA FOR SALE OF ITS 70% INTEREST IN
HAMERSLEY
IRON ORE PROJECT TO EQUINOX RESOURCES
    * EQUINOX TO ISSUE AGGREGATE 50 MILLION FULLY PAID ORDINARY
SHARES
AT DEEMED ISSUE PRICE OF $0.20 PER SHARE
    * TO RECEIVE 35 MILLION SHARES IN EQUINOX ALLOWING CO TO
RETAIN
EXPOSURE TO HAMERSLEY PROJECT

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