MEI 0.00% 19.0¢ meteoric resources nl

Meteoric Resources NL (Meteoric or the Company) (ASX: MEI) is...

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    Meteoric Resources NL (Meteoric or the Company) (ASX: MEI) is pleased to advise that it has completed the sale of the Juruena Gold Project to Keystone Resources Ltd. The parties agreed a US$20m sale of the Juruena Gold Project in June 2022 (ASX:MEI 03/06/2022), with the first tranche of US$2.5m having been received by Meteoric in October 2022 (ASX:MEI 05/10/2022). Following issues with the sale in April 2023 leading to a termination of the transaction (ASX:MEI 03/04/2023) the parties subsequently collaborated privately and amicably towards a resolution and have now brought about a successful Completion on the original terms, with payment of the balance of US$17.5m to Meteoric and smooth transition of the Project to Keystone control. The sale is otherwise on materially the same terms as previously announced to the ASX (ASX:MEI 03/06/2022).
 
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