Great Northern Minerals Limited (ASX:GNM) entered into an agreement to acquire Stedle Exploration AB from Stevsand Investments Pty Ltd for AUD 0.3 million on April 26, 2023. Under the terms of agreement, Great Northern Minerals agrees to pay cash consideration of AUD 25,000 and fully paid ordinary shares worth AUD 275,000 at a deemed issue price of AUD 0.0025 per share. The transaction is subject to completion of due diligence by Great Northern Minerals on Stedle, Great Northern Minerals exercising the Option, Great Northern Minerals obtaining shareholder approval, both obtaining all necessary regulatory and shareholder approvals, being no breach of the vendor warranties given by Stevsand and the agreement also contains further terms, conditions, warranties and representations considered standard for an agreement of this nature.
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0.011 AUD | 0.00% | +10.00% | -45.00% |
03/04 | Declining Early US Rate Cut Bets Drag Australian Shares | MT |
03/04 | Great Northern Minerals Achieves Up to 98% lithium Recovery at Finnish Project; Shares Jump 15% | MT |
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-5.61% | 120B | |
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+2.16% | 48.8B | |
+10.78% | 48.78B | |
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+23.39% | 26.19B | |
+48.49% | 22.57B | |
+54.79% | 18.44B |
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- Great Northern Minerals Limited entered into an agreement to acquire Stedle Exploration AB from Stevsand Investments Pty Ltd for AUD 0.3 million.