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Tyranna Resources Agrees to Sell Namibe Lithium Project for US$1.44 Million
9:31am on Tuesday 7th of July, 2026 AEST
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Mining
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Tyranna Resources Agrees to Sell Namibe Lithium Project for US$1.44 Million
9:31am on Tuesday 7th of July, 2026 AEST
Key Points
Sale of 90% stake in Namibe Lithium Project to Sinomine Resource
US$1.44 million cash consideration with regulatory and shareholder approvals pending
Proceeds earmarked for exploration at Chinguar Gold Project and future acquisitions
Transaction subject to Chinese outbound investment and ASX Listing Rule 11.2 approvals
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