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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Mkt cap ! $5.339M | |||
| Open | High | Low | Value | Volume |
| 2.6¢ | 2.6¢ | 2.5¢ | $9.398K | 365.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 64723 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 165000 | 1 |
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| Last trade - 12.20pm 10/05/2024 (20 minute delay) ? |
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2.6¢ |
Change
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| Open | High | Low | Volume | ||
| 2.5¢ | 2.7¢ | 2.5¢ | 458161 | ||
| Last updated 14.29pm 10/05/2024 ? | |||||
| NIS (ASX) Chart |