Brief: Critical Minerals Executes A Non-Binding Term Sheet For A Farm-In Agreement With True North Copper Limited

Critical Minerals

07/12/2023 24:57

Dec 7 (Reuters) - Critical Minerals Group Ltd  CMG.AX :
    * EXECUTES A NON-BINDING TERM SHEET FOR A FARM-IN AGREEMENT
WITH
TRUE NORTH COPPER LIMITED
    * UNDER TERMSHEET TNC MAY ACQUIRE A 75% INTEREST IN EPM
27998
    * UNDER TERM SHEET, TNC MAY FARM-IN TO TWO OF CMG1'S
EXPLORATION
PERMITS IN QUEENSLAND
    * CMG 1 PTY LTD EXECUTED A NON-BINDING TERM SHEET WITH TRUE
NORTH
COPPER
    * TNC WILL BE TAKEN TO HAVE WITHDRAWN FROM FARM-IN
ARRANGEMENT IF
MINIMUM EXPENDITURE CONDITION HAS NOT BEEN ACHIEVED

Source text for Eikon:  ID:nASX85M26T 
Further company coverage:  CMG.AX 

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