Lindian Resources LimitedASX: LIN

Termination of sale and purchase agreement - Gerald Metals

· Issued by Lindian Resources Limited

Filed with ASX · · 3 pages · English

Summary by 6ix AI

Lindian Resources Limited has announced the termination of its sale and purchase agreement with Gerald Metals regarding the supply of monazite concentrate from the Kangankunde Rare Earths Project in Malawi. The mutual agreement allows Lindian to regain control over its sales strategies and supply timelines. As part of the termination, Lindian will issue shares to Gerald, which will be subject to a voluntary escrow period. The announcement has been authorized by the board of directors.

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

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