Dec 29 (Reuters) - GRANGEX AB (publ) GRANGX.ST:
SAID ON TUESDAY GRANGEX SECURES STRATEGIC COMMERCIAL PARTNERSHIP WITH ANGLO AMERICAN
PARTNERSHIP TO SUPPORT PROGRESS TOWARDS RESTARTING OPERATIONS AT SYDVARANGER MINE, LOCATED IN KIRKENES, NORTHERN NORWAY
ANGLO AMERICAN TO RELINQUISH $37 MLN ROYALTY IN EXCHANGE FOR EXCLUSIVE 100% LIFE-OF-MINE OFFTAKE OF DIRECT REDUCTION, ULTRA HIGH GRADE MAGNETITE CONCENTRATE FROM THE SYDVARANGER MINE
ANGLO AMERICAN TO PROVIDE AN ADDITIONAL $5 MLN OF NON-DILUTIVE BRIDGE FINANCING
Source text for Workspace: nMFN3n3lZF
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(Gdansk Newsroom)
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