Canyon Resources LimitedASX: CAY

Minim Martap Project - Key Agreement Executed

· Issued by Canyon Resources Limited

Filed with ASX · · 6 pages · English

Summary by 6ix AI

Canyon Resources Limited has executed a key agreement with the Government of Cameroon regarding the Minim Martap Project, titled a Cahier de Charges, which outlines obligations for both parties and facilitates the negotiation of a Mining Convention. The agreement includes provisions for legal stability, a dispute resolution pathway, and rights to enforce Force Majeure, remaining in effect until the Mining Convention is signed. Canyon's Managing Director expressed confidence in the agreement, highlighting its importance for the project's next phase.

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