Namibia Critical Metals Inc (TSE:NMI) has released an update.

Namibia Critical Metals Inc. has updated its share purchase agreement with Sylla Gold Corp., involving the sale of a 95% interest in four non-core gold properties in Namibia. The revised terms include Sylla issuing 3 million common shares and paying $100,000 cash to Namibia Critical Metals, with the deal set to close by August 31, 2024. This transaction is part of the company’s strategic focus on its Lofdal Heavy Rare Earth project.

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