Brief: Power Minerals Enters Into Non-Binding MoU With Xiamen Xiangyu New Energy

Power Minerals

11/07/2022 02:31

July 11 (Reuters) - Power Minerals Ltd  PNN.AX :
    * ENTERED INTO NON-BINDING MEMORANDUM OF UNDERSTANDING WITH
XIAMEN
 XIANGYU NEW ENERGY CO., LTD
    * MOU FOR PARTIES TO CONDUCT DUE DILIGENCE IN RESPECT OF
POWER’S
SALTA  LITHIUM PROJECT
    * UNDER MOU, PARTIES WILL ENTER NEGOTIATIONS TO EXECUTING
BINDING
OFF-TAKE, FUNDING & LOGISTICS AGREEMENT IN DUE COURSE

Source text for Eikon:  ID:nASX476Vx1 
Further company coverage:  PNN.AX 

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