Tertiary Minerals PLC Konkola West Copper Project, Zambia (1144V)
30 Novembre 2023 - 8:00AM
UK Regulatory
TIDMTYM
RNS Number : 1144V
Tertiary Minerals PLC
30 November 2023
30 November 2023
Tertiary Minerals plc ("Tertiary" or "the Company")
KONKOLA WEST COPPER PROJECT, ZAMBIA
The Company wishes to provide the following update to its news
release dated 25 September 2023 when it announced the signing of a
Term Sheet to allow a third party to earn into the Konkola West
Project in Zambia.
The third party has concluded its due diligence investigations
and the parties to the Term Sheet are currently reviewing draft
agreements with a view to finalising those agreements as soon as
possible. All parties have re-affirmed their commitment to
completing the transaction.
Commenting today executive Chairman, Patrick Cheetham said:
"I am pleased to be able to provide the market with this
reassurance and we look forward to updating the market further in
due course with details of the agreement and the third party's
exciting plans for drilling at Konkola West."
Further information
Tertiary Minerals plc:
Patrick Cheetham, Executive
Chairman +44 (0) 1625 838 679
----------------------
SP Angel Corporate Finance LLP
Nominated Adviser and Broker
Richard Morrison +44 (0) 203 470 0470
----------------------
Harry Davies-Ball
----------------------
Peterhouse Capital Limited
Joint Broker
Lucy Williams + 44 (0) 207 469 0930
----------------------
Duncan Vasey
----------------------
Market Abuse Regulation
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2014 as it forms part of
UK domestic law by virtue of the European Union (Withdrawal) Act
2018 ('MAR'). Upon the publication of this announcement via
Regulatory Information Service ('RIS'), this inside information is
now considered to be in the public domain.
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END
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