RXM rex minerals limited
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News: RXM Rex Minerals Commences Process To Assess Partnering Options For Hillside Copper-Gold...

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    06/02/23
    11:35
    Post #: 66091330

    Feb 6 (Reuters) - Rex Minerals Ltd (RXM) :

    • HAS COMMENCED A FORMAL PROCESS TO ASSESS PARTNERING OPTIONS FOR HILLSIDE COPPER-GOLD PROJECT IN SOUTH AUSTRALIA
    • RECEIVED NUMEROUS INBOUND PROJECT PARTICIPATION AND PRODUCT OFFTAKE ENQUIRIES FOR ITS HILLSIDE COPPER-GOLD PROJECT IN SOUTH AUSTRALIA
    • FINAL INVESTMENT DECISION (FID) FOR HILLSIDE IS NOW EXPECTED BY MID-CY2023
    • WILL CONSIDER VARIOUS POTENTIAL TRANSACTION STRUCTURES, WITH PREFERENCE BEING MINORITY THIRD PARTY PARTICIPATION
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