FMR Resources LimitedASX: FMR

Sale of Canadian Assets

· Issued by FMR Resources Limited

Filed with ASX · · 2 pages · English

Summary by 6ix AI

FMR Resources Limited has signed a Conditional Share Sale and Purchase Agreement to sell its Fairfield Project to MFM Resources Limited. The Fairfield Project is located in the Canadian Appalachian Copper-Gold Belt and is considered prospective for copper deposits. The transaction is contingent upon MFM obtaining ASX listing approval and other necessary consents by late March of the following year. FMR shareholders will have the opportunity to participate in MFM's Initial Public Offering, with details to be provided later.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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