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June 4 (Reuters) - Anax Metals Ltd (ANX) : SIGNED A BINDING...

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    04/06/21
    11:40
    Post #: 53646872

    June 4 (Reuters) - Anax Metals Ltd (ANX) :

    • SIGNED A BINDING ROYALTY AGREEMENT WITH ANGLO AMERICAN
    • DEAL FOR DEVELOPMENT OF WHIM CREEK PROJECT
    • AGREEMENT PROVIDES FOR AN IMMEDIATE PAYMENT TO CO OF US$2M
    • HAS EARNED AN 80% INTEREST IN PROJECT
    • AGREEMENT ALSO INCLUDES A PROPOSED PROJECT FUNDING PACKAGE OF UP TO US$20M
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