Brief: Techgen Metals Says Entered A Binding Farm-In Term Sheet With Rio Tinto Exploration

Techgen Metals

04/09/2022 23:29

Sept 5 (Reuters) - Techgen Metals Ltd  TG1.AX :
    * ENTERED INTO A BINDING FARM-IN TERM SHEET WITH RIO TINTO
EXPLORATION PTY
    * RIO TINTO EXPLORATION TO FARM-IN TO TECHGEN'S HARBUTT
RANGE
PROJECT
    * BINDING FARM-IN TERM SHEET IN RELATION TO TECHGEN'S
HARBUTT
RANGE PROJECT IN SOUTH PATERSON PROVINCE OF WESTERN AUSTRALIA
    * RIO TINTO EXPLORATION MAY EARN AN 80% JV INTEREST IN
HARBUTT
RANGE PROJECT
    * RIO TINTO EXPLORATION MAY EARN 80% JV INTEREST IN PROJECT
BY
SOLE FUNDING A$3 MILLION OF EXPLORATION WITHIN 5 YEARS

Source text for Eikon:  ID:nASX4crYfD 
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