Brief: Comet Resources Says It Will To Acquire Mt Margaret Copper Project From Glencore
04/04/2022 02:20
April 4 (Reuters) - Comet Resources Ltd CRL.AX :
* TO ACQUIRE 100% OF MT MARGARET COPPER PROJECT FROM
GLENCORE
* COMPANY TO RAISE APPROX. A$50 MILLION TO FUND ACQUISITION
AND
INITIAL POST-ACQUISITION PRE-DEVELOPMENT ACTIVITIES
* CONSIDERATION FOR BUYING MT MARGARET MINING SHARES
NON-REFUNDABLE PAYMENT BY MINING AND METALLURGY OF A$5 MILLION
TO MOUNT ISA MINES
Source text for Eikon: ID:nASX78DsMb
Further company coverage: CRL.AX
((Reuters.Briefs@thomsonreuters.com;))
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