유럽 리튬에 LRH 자원 판매 제안
이 발표에 포함된 정보는 시장 남용 규정(EU) No. 596/2014("UK MAR")의 유지된 EU 법률 버전에 따라 규정된 내부 정보를 구성하는 것으로 간주됩니다. 유럽 연합(철회)법 2018. 정보는 영국 MAR의 17조에 따른 회사의 의무에 따라 공개됩니다. 이 발표가 발표되면 이 내부 정보는 이제 공개 도메인으로 간주됩니다.
22 4월 2024
기술 광물 Plc
("기술광물" 또는 "회사")
Proposed Sale of LRH Resources Limited to 유럽 리튬
Technology Minerals Plc (LSE: TM1), the first listed UK company focused on creating a sustainable circular economy for battery metals, is pleased to announce it has signed a binding Heads of Agreement to sell its interest in exploration licences in Leinster, Republic of Ireland. This is envisaged to be effected by the sale of 100% of the issued share capital of LRH Resources Limited ("LRH") held by the Company to European Lithium Limited (ASX: EUR, FRA: PF8, OTC: EULIF) ("European Lithium") for a gross consideration of US$10 million ("the Proposed Transaction").
하이라이트
· Technology Minerals has entered into binding Heads of Agreement with European Lithium to sell 100% of the issued share capital of LRH, a wholly-owned subsidiary of Technology Minerals
· LRH is the owner of licences which comprise the Leinster Lithium Project in Ireland (the "Project")
· Consideration of US$10 million to be settled through the transfer to Technology Minerals of US$10 million worth of shares held by European Lithium in Critical Metals Corp (Nasdaq: CRML) ("CRML"), a leading mining company focused on mining critical metals and minerals, calculated at 90% of the closing market price of the shares on the day before the signing of the Heads of Agreement (the "Consideration Shares")
· The Consideration Shares will be locked in and held in escrow until 28 February 2025
· Completion of the Proposed Transaction is subject to technical and legal due diligence to be completed by European Lithium and other conditions customary for this type of transaction
· The Company will retain LRH's 100% interests in the Asturmet Ni-Cu-Co Project, N. Spain
· The Board believes that this is an excellent outcome for all stakeholders, and validates the Company's strategy to identify and advance early-stage projects up the value curve to attract buyers and/or partners to bring significant additional value to the Company
Details of the Proposed Transaction
Subject to completion of the Proposed Transaction, the Company will sell LRH to European Lithium, which includes 100% of its rights, title and interest in the following:
· the 23 licences that comprise the Leinster Lithium Project (the "Licences") (see Table 1 below);
· all associated technical information, including geological, geochemical and geophysical reports, surveys, mosaics, aerial photographs, samples, drill core, drill logs, drill pulp, assay results, maps and plans, whether in physical, written or electronic form relating to the Licences; and
· statutory licences, approvals, consents, authorisations, rights or permits relating to the Licences.
The Company will retain LRH's 100% interests in the Asturmet Ni-Cu-Co Project, N. Spain.
고려: In consideration for the Proposed Transaction, European Lithium will transfer to Technology Minerals US$10 million worth of fully paid ordinary shares in the capital of Critical Metals Corp (a company incorporated under the laws of Delaware in the United States and listed on NASDAQ) currently held by European Lithium, at an issue price equal to 90% of the closing price of CRML shares on the day prior to the date on which the last of the parties enters into the Agreement signed date). The Consideration Shares will be held in escrow until 28 February 2025.
조건 선례: Completion of the transaction is conditional upon completion of due diligence by
European Lithium as soon as practicable, Technology Minerals and CRML and its shareholders agreeing the detailed terms of the escrow and European Lithium obtaining any necessary third-party approvals or consents to complete the transaction. Completion will occur five business days after the last Condition Precedent has been satisfied.
Other Key Terms: Technology Minerals is obliged to maintain the tenements in good standing and meet all obligations in respect of the licences up until completion.
Background to the Leinster Lithium Project
For the purposes of this agreement, the Leinster Lithium Project will be subdivided into and termed the North Leinster and a South Leinster Block. The North Leinster Block will consist of 15 prospecting licences covering an area of 477 km² and the South Leinster Block with eight licences covering a further 284 km². Each block contains several developing prospect areas where significant lithium bearing spodumene pegmatites have been located and confirmed in surface sampling and more recently in diamond drilling on PL 1597.
The Consideration is split evenly between Seven licences fully owned by LRH, and 16 licences in respect of which Canadian-listed Global Battery Metals ("GBML") currently holds an interest of 55% under an exclusive Earn-in and option agreement with GBML.
1 번 테이블 - 라이센스
그렇지 않습니다. | 특허 | Area | Status | Area |
1 | 3030 | NE Leinster | TM-GBML | 44.94 |
2 | 3285 | NE Leinster | TM-GBML | 40.59 |
3 | 3799 | NE Leinster | TM-GBML | 41.88 |
4 | 4540 | NE Leinster | TM-GBML | 31.07 |
5 | 4541 | NE Leinster | TM-GBML | 33.71 |
6 | 4545 | NE Leinster | TM-GBML | 32.53 |
7 | 4546 | NE Leinster | TM-GBML | 20.12 |
8 | 4536 | NE Leinster | TM-GBML | 25.58 |
9 | 4537 | NE Leinster | TM-GBML | 24.58 |
10 | 4538 | NE Leinster | TM-GBML | 24.93 |
11 | 4539 | NE Leinster | TM-GBML | 40.34 |
12 | 4542 | NE Leinster | TM-GBML | 33.06 |
13 | 4543 | NE Leinster | TM-GBML | 40.65 |
14 | 4544 | NE Leinster | TM-GBML | 21.90 |
15 | 4547 | NE Leinster | TM-GBML | 21.50 |
16 | 1597 | SW Leinster | TM-GBML | 48.32 |
17 | 3895 | SW Leinster | TM Only | 23.74 |
18 | 3896 | SW Leinster | TM Only | 34.49 |
19 | 4054 | SW Leinster | TM Only | 33.09 |
20 | 1541 | SW Leinster | TM Only | 36.61 |
21 | 1542 | SW Leinster | TM Only | 20.39 |
22 | 3213 | SW Leinster | TM Only | 43.42 |
23 | 3214 | SW Leinster | TM Only | 43.33 |
760.77 |
Table 1: List of prospecting licenses in the Leinster Area
Alex Stanbury, CEO of Technology Minerals, said: "We are pleased to have agreed the proposed sale of LRH Resources Limited, the owner of the licenses of the Leinster Lithium Project in Ireland, to European Lithium. The agreement is an endorsement of our ability to identify and develop early-stage projects with significant potential. It also underscores our strategy to advance early-stage projects up the value curve and attract potential buyers or partners to bring additional value to the Company and its shareholders."
문의
기술 광물 Plc | |
로빈 브런들, 회장 알렉산더 스탠버리 최고경영자(CEO) | c/o +44 (0)+ 20 4582 3500 |
오베론 투자 유한회사(Brokers) | |
닉 러버링, 아담 폴록 | +44 (0)20 3179 5300 |
| |
Gracechurch 그룹(재무 PR) | |
해리 채틀리, 알렉시스 고어, 레베카 스콧 | + 44 (0)+ 20 4582 3500 |
기술 광물 Plc
Technology Minerals is developing the UK's first listed, sustainable circular economy for battery metals, using cutting-edge technology to recycle, recover, and re-use battery technologies for a renewable energy future. The Company currently holds 48.35% of the issued share capital of Recyclus Group Ltd, the UK's first industrial-scale recycler of both lithium-ion and lead acid batteries.
Technology Minerals is focused on raw material exploration required for Li-ion batteries, whilst solving the ecological issue of spent Li-ion batteries, by recycling them for re-use by battery manufacturers. Further information on Technology Minerals is available at www.technologyminerals.co.uk.
About European Lithium
European Lithium Limited is a listed (ASX: EUR)(FRA: PF8)(OCT: EULIF) mining exploration and development company focusing on its advancing lithium projects in Europe. European Lithium aims to be the first and largest local lithium supplier into an integrated European battery supply chain.
About Critical Metals Corp.
Critical Metals (Nasdaq: CRML) is a leading mining company focused on mining critical metals and minerals, and producing strategic products essential to electrification and next generation technologies for Europe and its partners. Its initial flagship asset is the Wolfsberg Lithium Project located in Carinthia, 270 km south of Vienna, Austria. The Wolfsberg Lithium Project is the first fully permitted mine in Europe and is strategically located with access to established road and rail infrastructure to become the next major producer of key lithium products to support the growing demand for electric vehicles (EVs) and Europe's burgeoning lithium-ion battery supply chain. In addition, Critical Metals owns a 20% interest in prospective Austrian mineral projects previously held by European Lithium Ltd (ASX: EUR). For more information, please visit https://criticalmetalscorp.com/.
RNS는 귀하의 IP 주소를 사용하여 약관 준수 여부를 확인하고, 귀하가 이 커뮤니케이션에 포함된 정보를 사용하는 방식을 분석하고, 그러한 분석을 익명으로 다른 사람과 상용 서비스의 일부로 공유할 수 있습니다. RNS와 런던 증권 거래소가 귀하가 제공한 개인 데이터를 사용하는 방법에 대한 자세한 내용은 개인 정보 보호 정책을 참조하십시오.