REG - Tertiary Minerals - Konkola West Copper Project, Zambia

Tertiary MineralsAnnouncement

30/11/2023 07:00

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RNS Number : 1144V  Tertiary Minerals PLC  30 November 2023

30 November 2023

 

Tertiary Minerals plc ("Tertiary" or "the Company")

 

KONKOLA WEST COPPER PROJECT, ZAMBIA

 

The Company wishes to provide the following update to its news release dated
25 September 2023 when it announced the signing of a Term Sheet to allow a
third party to earn into the Konkola West Project in Zambia.

The third party has concluded its due diligence investigations and the parties
to the Term Sheet are currently reviewing draft agreements with a view to
finalising those agreements as soon as possible.  All parties have
re-affirmed their commitment to completing the transaction.

Commenting today executive Chairman, Patrick Cheetham said:

"I am pleased to be able to provide the market with this reassurance and we
look forward to updating the market further in due course with details of the
agreement and the third party's exciting plans for drilling at Konkola West."

 

Further information

 Tertiary Minerals plc:
 Patrick Cheetham, Executive Chairman  +44 (0) 1625 838 679
 SP Angel Corporate Finance LLP

 Nominated Adviser and Broker
 Richard Morrison                      +44 (0) 203 470 0470
 Harry Davies-Ball
 Peterhouse Capital Limited

 Joint Broker
 Lucy Williams                         + 44 (0) 207 469 0930
 Duncan Vasey

 

Market Abuse Regulation

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulations
(EU) No. 596/2014 as it forms part of UK domestic law by virtue of the
European Union (Withdrawal) Act 2018 ('MAR'). Upon the publication of this
announcement via Regulatory Information Service ('RIS'), this inside
information is now considered to be in the public domain.

 

 

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