Brief: Dynamic Metals Signs Landmark A$20M Lithium-Focused JV With Mineral Resources

Dynamic Metals

05/03/2024 24:24

March 5 (Reuters) - Dynamic Metals Ltd  DYM.AX :
    * DYNAMIC SIGNS LANDMARK A$20M LITHIUM-FOCUSED JV WITH
MINERAL
RESOURCES
    * JV TRANSACTION IS ANTICIPATED TO COMPLETE IN Q2 OF CY 2024
    * BINDING JOINT VENTURE & FARM-IN AGREEMENT EXECUTED MINERAL
RESOURCES UNIT
    * SUBJECT TO SATISFACTION OF CONDITIONS PRECEDENT, CO TO
SELL 40%
OF LITHIUM MINERAL RIGHTS ON WIDGIEMOOLTHA TENEMENT PACKAGE
    * SALE OF LITHIUM MINERAL RIGHTS FOR A$5 MILLION

Further company coverage:  DYM.AX 

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