March 18 (Reuters) - Poseidon Nickel (POS) : HAS ENTERED INTO A...

March 18 (Reuters) - Poseidon Nickel (POS) :

• HAS ENTERED INTO A BINDING HEADS OF AGREEMENT SUBJECT TO CONDITIONS WITH WITH POSEIDON NICKEL LIMITED
• MINRES TO DEVELOP LITHIUM PROCESSING HUB
• ENTERED INTO A BINDING HEADS OF AGREEMENT SUBJECT TO CONDITIONS WITH POSEIDON NICKEL LIMITED
• AGREEMENT TO ACQUIRE LAKE JOHNSTON NICKEL CONCENTRATOR PLANT AND TENURE
• MINRES INTENDS TO DEVELOP LAKE JOHNSTON AS A LITHIUM PROCESSING HUB IN SOUTHERN GOLDFIELDS REGION
• MINRES WILL PAY A$1 MILLION ON EXECUTION OF BINDING HEADS OF AGREEMENT

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