Cadence Minerals agrees extension to deal with Premier African
Cadence Minerals
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16:55 12/11/24
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Cadence Minerals updated the market on the conditional heads of terms with Premier African Minerals on Friday, to earn up to 30% directly into the Zulu Lithium and Tantalum Project in Zimbabwe.
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The AIM-traded firm had announced that on 27 June.
“Cadence and Premier have agreed to extend the due diligence period on the Zulu Project by a further 20 days until 14 September,” the board said in its statement.
It explained that was a result of “unexpected interruptions” as a result of the recent elections in Zimbabwe.