14
Feb
17:17
GRAPHITE: Hexagon Energy Materials sells mineral rights stake at McIntosh
Australia-listed Hexagon Energy Materials is selling 80% of the graphite minerals rights at its McIntosh project to Green Critical Minerals Pty, Kallanish reports.
The binding terms sheet earn-in agreement was announced by Hexagon on Monday, saying it will bring cash and exploration funding to the project in East Kimberley, Western Australia, and leverage off its past investment.
Under the deal, Green Critical Minerals will pay $500,000 in cash and spend $3 mill…
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