Brief: Everest Metals Says Gave Notice To Red X Resources To Terminate Term Sheet
Sept 16 (Reuters) - Everest Metals Corporation Ltd
EMC.AX :
* PROVIDED NOTICE TO RED X RESOURCES TO TERMINATE TERM SHEET
* TERM SHEET TERMINATED DUE TO CONDITION PRECEDENTS NOT
BEING MET
BY RED X RESOURCES WITHIN REQUIRED TIME FRAMES
* WILL CONTINUE TO EVALUATE OPPORTUNITIES IN LINE WITH
STRATEGY TO
SPIN OUT URANIUM ASSETS EITHER VIA IPO OR RTO
Further company coverage: EMC.AX
((Reuters.Briefs@thomsonreuters.com;))
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