Business
Konkola West Copper Project, Zambia
Konkola West Copper Project, Zambia.
About this update from Tertiary Minerals Plc
[{"type":"text","content":"\n\n30 November 2023\n \nTertiary Minerals plc (\"Tertiary\" or \"the Company\")\n \nKONKOLA WEST COPPER PROJECT, ZAMBIA\n \nThe 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.\nThe 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.\nCommenting today executive Chairman, Patrick Cheetham said:\n\"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.\"\n \nFurther information\n\n\n\n\nTertiary Minerals plc:\n\n\n\n\nPatrick Cheetham, Executive Chairman\n\n\n+44 (0) 1625 838 679 \n\n\n\n\nSP Angel Corporate Finance LLP\nNominated Adviser and Broker\n\n\n\n\nRichard Morrison\n\n\n+44 (0) 203 470 0470\n\n\n\n\nHarry Davies-Ball\n\n\n\n\n\n\n\nPeterhouse Capital Limited\nJoint Broker\n\n\n\n\nLucy Williams\n\n\n+ 44 (0) 207 469 0930\n\n\n\n\nDuncan Vasey\n\n\n\n\n\n\n\n \nMarket Abuse Regulation\nThe 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.\n \n \n\n","length":4921,"tagName":"div"}]