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Cyprium sewing up Nifty deal

Cash plus convertible notes heading to vendor Metals X

Michael Quinn
Cyprium sees no shortage of blue sky within the Nifty and Maroochydore copper assets in northern Western Australia

Cyprium sees no shortage of blue sky within the Nifty and Maroochydore copper assets in northern Western Australia

Cyprium will pay Metals X an initial $24 million and replace $6.5 million of financial assurances relating to Nifty. It will also issue it with $36 million of convertible notes. The new owner of...

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