Origen Resources to acquire 70% stake in Campo De Cima rare earths project in Brazil for USD 200,000, 6,000,000 shares
Bitget2026/09/24 11:03- Origen Resources will acquire a 70% interest in the 33,075-hectare Campo De Cima rare earths project in Brazil.
- Consideration includes USD 100,000 cash, 2,000,000 shares at signing of a definitive agreement.
- A further USD 100,000 cash, 4,000,000 shares due on the second anniversary of the definitive agreement.
- Requires USD 1.5 million in exploration spending within two years of the due diligence period completion.
- Vendor keeps a 2% royalty; 1% buyback option priced at USD 1.5 million before commercial production.
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