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Agreement to acquire a 41.8% shareholding in TSX-V listed critical minerals developer, Namibia Critical Metals Inc. (NMI). NMI's core asset is the advanced Lofdal Heavy Rare Earths Project in Namibia. Bolt-on acquisition offering significant alignment and synergies with Bannerman's Etango Uranium Project in Namibia. Total consideration of A$7.24M cash and 8,463,367 fully paid BMN ordinary shares, representing a significant discount to current NMI market trading value.
SUBIACO, Weste...
>>> Read more: ACQUISITION OF STRATEGIC STAKE IN NAMIBIA CRITICAL METALS INC.
Agreement to acquire a 41.8% shareholding in TSX-V listed critical minerals developer, Namibia Critical Metals Inc. (NMI). NMI's core asset is the advanced Lofdal Heavy Rare Earths Project in Namibia. Bolt-on acquisition offering significant alignment and synergies with Bannerman's Etango Uranium Project in Namibia. Total consideration of A$7.24M cash and 8,463,367 fully paid BMN ordinary shares, representing a significant discount to current NMI market trading value.
SUBIACO, Weste...
>>> Read more: ACQUISITION OF STRATEGIC STAKE IN NAMIBIA CRITICAL METALS INC.
