Brief: Red Metal Announces Execution Of Multi-Project Option And JV Agreement With Oz Minerals
Jan 30 (Reuters) - Red Metal Ltd RDM.AX :
* ANNOUNCES EXECUTION OF A SIGNIFICANT, MULTI-PROJECT OPTION
AND
JOINT VENTURE AGREEMENT WITH OZ MINERALS LIMITED
* AGREEMENT PROVIDES OZ MINERALS WITH TWO YEAR OPTION TO
FUND A
SERIES OF WORK PROGRAMS ON SIX OF RED METAL'S EARLY-STAGE
PROJECTS
* UNDER ALLIANCE, OZ MINERALS'S TOTAL COMMITMENT IS $8.05
MILLION
Source text for Eikon: urn:newsml:reuters.com:*:nASXbdznxr
Further company coverage: RDM.AX
((Reuters.Briefs@thomsonreuters.com;))
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