POS poseidon nickel limited
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March 18 (Reuters) - Poseidon Nickel (POS) : ENTERED INTO A...

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    18/03/24
    12:35
    Post #: 72939426

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

    • ENTERED INTO A BINDING HEADS OF AGREEMENT TO DIVEST LAKE JOHNSTON TO MINERAL RESOURCES
    • TERMS OF PROPOSED SALE ARE FURTHER A$14 MILLION IN CASH AND A$1MLN CASH PAYMENT
    • PROPOSED LAKE JOHNSTON DIVESTMENT WILL REDUCE ANNUAL EXPENDITURE COMMITMENTS BY A$1.4 MILLION

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