Brief: Fenix Resources Says Entered Into A Binding Agreement With Mount Gibson Iron

MGX Resources

29/06/2023 24:59

June 29 (Reuters) - Fenix Resources Ltd  FEX.AX :
    * ENTERED INTO A BINDING AGREEMENT WITH MOUNT GIBSON IRON
    * AGREEMENT TO ACQUIRE MOUNT GIBSON'S MID-WEST IRON ORE AND
PORT
ASSETS
    * CONSIDERATION PAYABLE TO MOUNT GIBSON CONSISTS OF A$10
MILLION
CASH AND 60 MILLION ORDINARY SHARES IN FENIX

Source text for Eikon:  ID:nASX1w8dbk 
Further company coverage:  FEX.AX 

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