Brief: Hammer Metals Enters Term Sheet To Sell Its 75 Pct Stake In Millennium Cobalt Project
27/06/2018 24:41
June 27 (Reuters) - Hammer Metals Ltd HMX.AX :
* ENTERED TERM SHEET TO SELL ITS 75% STAKE IN MILLENNIUM
COBALT
PROJECT TO GLOBAL ENERGY METALS CORP
* CONSIDERATION IS ISSUE TO HAMMER OF GEMC ORDINARY SHARES,
HAMMER
TO OWN A 19.9% STAKE IN GEMC AFTER DEAL PLUS BOARD
REPRESENTATION
Source text for Eikon: urn:newsml:reuters.com:*:nASX5kCtK2
Further company coverage: HMX.AX
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Global Energy Metals
See all newsIntention to Float
Brief: Metal Bank Entered A Binding Term Sheet With Global Energy Metals Corp
Brief: Electric Royalties To Acquire 3 Cobalt Royalties
Brief: Hammer Metals Enters Term Sheet To Sell Its 75 Pct Stake In Millennium Cobalt Project
Brief: Deutsche Rohstoff says Hammer Metals to establish JV with Global Energy Metals Corp.