8 Conditions Precedent - 1 down, 7 to go. Hopefully they will all fall like dominos in the very short-term.
o Binding offtake agreement for 50% of the spodumene and pollucite from the Namibe Lithium Project – Tyranna and Sinomine are required to execute a binding offtake agreement within 30 days from execution of the subscription agreements – with a right of first refusal, subject to government and regulatory approvals, for the balance of production in the event that the Phase 2 options are exercised (Offtake Agreement);
o Registration of the transfer of the Namibe Licence (Prospecting Licence No. 001/02/01/T.P/ANG-MIREMPET/2022) from VIG World Angola Lda to TYX-subsidiary, Angolitio Exploração Mineira (SU), Limitada (Angolitio), currently with the Ministry of Mineral Resources, Petroleum and Gas of Angola;
o Sinomine obtaining all necessary Chinese outbound investment regulatory approvals;
o Angolitio and CPS having entered into a royalty agreement;
o Implementation of agreed amendments to AM Mauritius’ constitution;
o Completion of due diligence;
o Each Subscription Agreement is conditional on completion occurring under the other Subscription Agreement;
o Other standard conditions for documents of this nature
Cheers!
Catweasle
- Forums
- ASX - By Stock
- TYX
- Ann: Tyranna receives Ministerial approval on Licence Transfer
Ann: Tyranna receives Ministerial approval on Licence Transfer, page-5
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TYX (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.7¢ |
Change
0.001(16.7%) |
Mkt cap ! $23.01M |
Open | High | Low | Value | Volume |
0.6¢ | 0.7¢ | 0.6¢ | $21.24K | 3.587M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 765845 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 1404115 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 765845 | 0.006 |
13 | 10927095 | 0.005 |
5 | 1800000 | 0.004 |
4 | 1710000 | 0.003 |
3 | 1507550 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 1276910 | 6 |
0.008 | 1058806 | 7 |
0.009 | 5893999 | 11 |
0.010 | 2243004 | 9 |
0.011 | 9521600 | 8 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
TYX (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online