Brief: Firefinch Provides Shareholder Update

Leo Lithium

30/06/2023 02:32

June 30 (Reuters) - Firefinch Ltd  FFX.AX :
    * IN EVENT PROCESS FAILS TO DELIVER BINDING DEAL, CO WILL
COMMENCE
PROCESS OF RETURNING CASH AND LEO LITHIUM SHARES  TO
SHAREHOLDERS
    * BELIEVES THERE ARE REASONABLE PROSPECTS OF BINDING
AGREEMENT
BEING REACHED THAT IS IN BEST INTERESTS OF SHAREHOLDERS
    * OBJECTIVE IS TO CONCLUDE THESE NEGOTIATIONS AND ANNOUNCE
BINDING
TRANSACTION DURING COMING QUARTER
    * SELECTED WEST AFRICAN MINING CONTRACTOR AS PREFERRED
BIDDER TO
ACQUIRE COMPANY'S INTEREST IN MORILA SA AND BIRIMIAN
    * SALE OF INTEREST IN MORILA SA AND BIRIMIAN WILL BE FOR
NOMINAL
CONSIDERATION

Source text for Eikon:  ID:nASX8DWX4c 
Further company coverage:  FFX.AX 

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