NickelSearch has also entered into an Agreement with Mining Equities Pty Ltd (Mining Equities) to acquire 100% interest in E 74/762 and P 74/387. Transfer of E 74/762 is subject to Ministerial consent, which will be sought immediately.8ASX:NIS | nickelsearch.comThe material terms of the Agreement is as follows:
• Upfront share consideration: $600,000 in NIS shares issued at settlements based on the 30-dayVWAP before the announcement of the execution of this agreement; and
• NSR Royalty: Mining Equities are granted a 1.00% NSR royalty over lithium won from the tenements. NickelSearch may reduce the royalty to 0.50% by paying Mining Equities $5,000,000.
Has anyone picked up on who Mining Equites are www.miningequities.com.au/transactions
Would say they are close to Tolga Group
Ann: Major Strategic Acquisition of Mt Cattlin Lithium Tenements, page-44
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Last
1.7¢ |
Change
-0.001(5.56%) |
Mkt cap ! $4.262M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.7¢ | 1.6¢ | $15.47K | 916.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 2054015 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 530193 | 4 |
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| Last trade - 15.58pm 09/10/2024 (20 minute delay) ? |
| NIS (ASX) Chart |