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BRIEF-Trilogy Metals has signed an agreement with South32 Limited
April 10, 2017 / 10:14 AM / 4 months ago

BRIEF-Trilogy Metals has signed an agreement with South32 Limited

1 Min Read

April 10 (Reuters) - Trilogy Metals Inc -

* Has signed an agreement with South32 Limited

* Trilogy has granted South32 an option to form a 50/50 joint venture with respect to Trilogy's Alaskan assets

* South32 must contribute a minimum of $10 million each year, for a maximum of 3 years, to keep option in good standing

* To subscribe for 50% of JV, South32 will contribute a minimum of $150 million Source text for Eikon: Further company coverage:

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