Part of the Juruena saleagreement lodged with ASX:“Consideration...

Part of the Juruena saleagreement lodged with ASX:

“Consideration in staged payments:

US$2,500,000 cash uponCompletion;

US$7,500,000 cash sixmonths after Completion;

US$10,000,000 cashtwelve months after Completion;

2% gross Royalty(capped at US$2,000,000 cash).”

“ASX has confirmedthat Listing Rule 11.2 does not apply to the Agreement and accordingly there isno need for the Company to obtain shareholder approval for the Agreement or thesale of the Juruena Gold Project. Keystone has completed its due diligence on theJuruena Gold Project. The only outstanding condition not in the exclusive controlof the Company is the need to complete an internal reorganisation of itscorporate structure to facilitate the sale of the Juruena Gold Project.The Company does not anticipate any issues in this regard. Completion (and receipt of the initial US$2.5m) is anticipated to occur in the near future and in any event before the end of August 2022.”

There are corporateissues that Meteoric needs to resolve by the looks of it and the SP willcontinue languishing until the sale is complete.