Future Metals NL Variation to Option Agreement (4100S)
06 Noviembre 2023 - 1:00AM
UK Regulatory
TIDMFME
RNS Number : 4100S
Future Metals NL
06 November 2023
VARIATION TO OPTION AGREEMENT
Future Metals NL ("Future Metals" or the "Company", ASX | AIM:
FME) and Osprey Minerals Pty Ltd (the "Parties") have agreed to
vary the terms of the option agreement announced by the Company on
5 October 2023 (the "Option Agreement").
In order to facilitate the requisite administrative processes,
the Parties have agreed:
(a) that the deemed issue price for the upfront consideration of
A$625,000 new fully paid ordinary shares in the Company ("Ordinary
Shares") will be A$0.034, being the 5-day Volume Weighted Average
Price on the ASX of the Company's Ordinary Shares to 30 October
2023; and
(b) the option period will be extended until 17 November 2023.
All other terms of the Option Agreement remain the same as
previously announced, and a further update will be provided in due
course.
This announcement has been approved for release by the Board of
Future Metals NL.
For further information, please contact:
Future Metals NL +61 8 9480 0414
Jardee Kininmonth info@future-metals.com.au
Strand Hanson Limited (Nominated
Adviser) +44 (0) 207 409 3494
James Harris/James Bellman
Panmure Gordon (UK) Limited (UK
Broker)
John Prior/Hugh Rich/Rauf Munir +44 (0)207 886 2500
FlowComms (UK IR/PR) +44 (0) 789 167 7441
Sasha Sethi
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END
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