POS 11.1% 0.4¢ poseidon nickel limited

News: POS Poseidon Nickel Provides Update On Proposed Sale Of Lake Johnston

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    April 30 (Reuters) - Poseidon Nickel Ltd (POS) :

    • UPDATE ON PROPOSED SALE OF LAKE JOHNSTON
    • MRL INDICATED TO POSEIDON THAT IT DOES NOT WISH TO PROCEED WITH TRANSACTION AS AGREED
    • BOARD REMAINS OPEN TO NEGOTIATIONS WITH MINERAL RESOURCES
    • MINERAL RESOURCES INDICATED THEY WOULD INSTEAD PREFER CO TO CONSIDER RENEGOTIATION OF TERMS
 
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