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Provider: Wright Reports
Provider: Reuters Investment Profile
Provider: GlobalData

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Nex Metals Explorations Ltd Updates on Purchase Agreement

Sunday, 21 Jul 2013 07:23pm EDT 

Nex Metals Explorations Ltd announced that further to the previous announcement, Nex is currently in discussions with respect to asset purchase. The asset purchase will involve 100% shares of an unrelated Company which has a number of mining assets. In conjunction with this transaction is a funding agreement to cover working capital and commitments of the mining assets. The Company is in conclusive stages of discussion on this transaction. Financial terms of the transaction were not disclosed. 

Company Quote

17 Dec 2014