CAPITAL MARKETS

Kasbah strikes potential funding and offtake deal

EMERGING tin developer Kasbah Resources has struck a deal with Asia’s premier tin trading house Toyota Tsusho which could result in a staged cash injection of $A16 million in return for a 20% stake and offtake rights in its prized Achmmach property in Morocco.

MiningNews.Net
Kasbah strikes potential funding and offtake deal

The figure does not include a final payment, which would be calculated from the net present value determined on conclusion of a definitive feasibility, and paid within 90 days of its completion. The...

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