Brief: Vital Metals Says Secured Cornerstone Investment

Vital Metals

27/10/2023 02:36

Oct 27 (Reuters) - Vital Metals Ltd  VML.AX :
    * SECURES CORNERSTONE INVESTMENT
    * ENTERED INTO A SUBSCRIPTION AGREEMENT WITH SHENGHE
RESOURCES
(SINGAPORE)
    * SHENGHE HAS AGREED TO SUBSCRIBE FOR 9.99% OF ISSUED SHARE
CAPITAL IN VITAL
    * SHENGHE'S SUBSCRIPTION OF ISSUED SHARE CAPITAL IN CO AT
A$0.01
PER SHARE
    * SHENGHE WILL ACQUIRE 50% OF ISSUED SHARE CAPITAL OF KISAKI
MINING LTD

Source text for Eikon:  ID:nASX8jdxPZ 
Further company coverage:  VML.AX 

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