Peak Resources Ltd (ASX:PEK) (Peak or Company) is pleased to advise the market that the Company has entered into a non-binding Memorandum of Understanding (MOU) for a transaction which will see the Ngualla Rare Earth Project fully funded through to production. The transaction contemplated sees funding in three stages, with each stage to confirm the economic parameters as defined in Peak’s 3 December 2012 Scoping Study.
