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ACQUISITION OF STRATEGIC STAKE IN NAMIBIA CRITICAL METALS INC.

Newswire.ca - Thu May 19, 2022 Columnist Contributor Content Press Release Sponsored Content

HIGHLIGHTS 

SUBIACO, Western Australia, May 19, 2022 /CNW/ - Bannerman Energy Limited (ASX:BMN) (OTC-BB:BNNLF) (NSX:BMN) (Bannerman or the Company) advises that it has agreed to acquire a 41.8% shareholding in TSX Venture Exchange (TSX-V)-listed critical minerals exploration and development business, Namibia Critical Metals Inc. (TSXV:NMI.VN) (NMI).  NMI's flagship asset is the 95%-owned, advanced and fully permitted Lofdal Heavy Rare Earths Project (Lofdal Project) in Namibia.  The Lofdal Project is the subject of an earn-in agreement with leading global resource strategic partner, Japan Oil, Gas and Metals National Corporation (JOGMEC).

Read more at newswire.ca

Related Symbols

Symbol Last Chg %Chg
BMN.AX 2.520 +0.110 +4.56%
Bannerman Energy Ltd
BNNLF 1.5400 +0.0600 +4.05%
Bannerman Energy Ltd
BMN 25.27 -0.07 -0.28%
Blackrock 2037 Municipal Target Term
NMI.VN 0.055 +0.005 +10.00%
Namibia Critical Metals Inc

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