Brief: Minbos Resources Announces Disposal Of Interest In Its Madagascar Rare Earths Project

Minbos Resources

07/03/2022 22:48

March 8 (Reuters) - Minbos Resources Ltd  MNB.AX :
    * TO DIVEST ITS INTEREST IN ITS MADAGASCAR RARE EARTHS
PROJECT
    * HAS EXCLUSIVE RIGHT TO ACQUIRE 90% OF SHARES IN TANA
MINERALS
UNIT MRE MINING (MAURITIUS)
    * ENTERED INTO A BINDING DEAL WITH ALS HONG KONG LTD TO
DIVEST ITS
INTEREST IN ITS MADAGASCAR RARE EARTHS PROJECT
    * SIGNED EXCLUSIVITY OPTION FOR 9 MONTHS VIA WHICH ALS CAN
COMPLETE DUE DILIGENCE ON MRE MINING (MAURITIUS)

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