IXR 9.09% 1.2¢ ionic rare earths limited

Not for much longer ASX Announcement 24 July 2024Signed Term...

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    ASX Announcement 24 July 2024

    Signed Term Sheet with Shenghe for A$96m Investment
    and Fully Funded Project Solution for Ngualla
    • Peak and Shenghe have extended their partnership and signed a non-binding Term
    Sheet supporting the development and funding of a low cost and technically
    enhanced Ngualla Project
    • Shenghe to provide a fully funded solution with no requirement for Peak to contribute
    further equity funding towards the development of the Ngualla Project
    • Targeting to finalise binding transaction documentation by the end of September
    and a Final Investment Decision by the end of December 2024
 
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