Brief: Mineral Resources Entered Binding Heads Of Agreement With Poseidon Nickel

Poseidon Nickel

17/03/2024 21:44

March 18 (Reuters) - Poseidon Nickel  POS.AX :
    * HAS ENTERED INTO A BINDING HEADS OF AGREEMENT SUBJECT TO
CONDITIONS WITH WITH POSEIDON NICKEL LIMITED
    * MINRES TO DEVELOP LITHIUM PROCESSING HUB
    * ENTERED INTO A BINDING HEADS OF AGREEMENT SUBJECT TO
CONDITIONS
WITH POSEIDON NICKEL LIMITED
    * AGREEMENT TO ACQUIRE LAKE JOHNSTON NICKEL CONCENTRATOR
PLANT AND
TENURE
    * MINRES INTENDS TO DEVELOP LAKE JOHNSTON AS A LITHIUM
PROCESSING
HUB IN SOUTHERN GOLDFIELDS REGION
    * MINRES WILL PAY A$1 MILLION ON EXECUTION OF BINDING HEADS
OF
AGREEMENT

Further company coverage:  POS.AX 

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