Key Highlights Binding agreement signed to sell White Range Project to Moly Mines Limited (MML)
Total consideration is $53m, comprising $45m cash and $8m MML Convertible Notes
MML is considering listing on HKSE or another securities exchange.
On this basis, ASX Listing Rule 11.4 applies to the Transaction. The Company intends to seek shareholder approval for the Transaction under ASX Listing Rule 11.4.1(b).
MOL Price at posting:
6.9¢ Sentiment: Hold Disclosure: Held
