Brief: Metals Acquisition Corp And Glencore Agree To Amend Terms Of The CSA Mine Acquisition

MAC Copper

22/11/2022 22:53

Nov 22 (Reuters) - Metals Acquisition Corp  MTAL.N :
    * METALS ACQUISITION CORP. AND GLENCORE AGREE TO AMEND TERMS
OF
THE CSA MINE ACQUISITION
    * METALS ACQUISITION CORP- AMENDED COSIDERATION TO AT LEAST
US$775
MILLION IN CASH UPON CLOSE, WITH POTENTIAL TO BE SCALED UP TO
US$875 MILLION
    * METALS ACQUISITION - AMENDED CONSIDERATION TO UP TO US$100
MILLION IN RETAINED EQUITY IN BUSINESS BY GLENCORE, WITH
GLENCORE HAVING OPTION TO BE SCALED BACK

Source text for Eikon:  ID:nBw3rks2Ka 
Further company coverage:  MTAL.N 
 ((Reuters.Briefs@thomsonreuters.com;))