2023-11-30 12:00:07
Tertiary Minerals PLC – Mineral exploration and development company – Provides an update on the signing of an agreement in principle allowing a third party to acquire the Konkola West project in Zambia. The third party has completed its due diligence investigations and the parties involved are currently reviewing the draft agreements, with a view to finalizing them as soon as possible. He adds that all parties have reaffirmed their commitment to completing the transaction.
Patrick Cheetham, Executive Chairman, said: “I am pleased to be able to reassure the market and we look forward to updating them in due course with the details of the agreement and the third party’s exciting plans for drilling at Konkola West.”
Current share price: 0.12 pence, up 14% in London midday on Thursday
Change over 12 months: down 33%.
By Holly Beveridge, Alliance News reporter
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