• Superior enters into binding Heads of Agreement to sell its interest in Tick
Hill Project to ASX-listed Berkut Minerals Limited (ASX:BMT).
• Consideration payable to Superior:
o 2,403,846 ordinary shares @ deemed value of $0.078 per share in
Berkut (equivalent to 25% of total transaction value for Tick Hill);
and
o up to $41,330.80 cash reimbursement of project holding costs.
• Sale of Superior’s rights in the project enables the Company to focus on its
large lead-zinc and copper-gold projects.
SPQ Price at posting:
0.6¢ Sentiment: None Disclosure: Held
