GEN genmin limited
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July 7 (Reuters) - Genmin Ltd (GEN) : SIGNS AGREEMENT WITH...

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    07/07/22
    11:20
    Post #: 62417632

    July 7 (Reuters) - Genmin Ltd (GEN) :

    • SIGNS AGREEMENT WITH ANGLO AMERICAN
    • CO, VIA UNIT, ENTERED A ROYALTY AGREEMENT WITH ANGLO AMERICAN MARKETING LIMITED
    • AGREEMENT REGARDING ITS 100% OWNED BANIAKA IRON ORE PROJECT IN GABON
    • AAL TO PAY $10 MILLION TO UNIT FOR GRANT OF ROYALTY ON SALES REVENUE FROM SALE OF FIRST 75 MT OF IRON ORE PRODUCTS PRODUCED & SOLD FROM BANIAKA
    • UNIT WILL HAVE OPTION TO BUY BACK ROYALTY AT ANY TIME

    (([email protected];))

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