April 8, 2024
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GRANGEX enters into an extension agreement for the Sydvaranger mine acquisition
On 30 November 2023, GRANGEX AB announced that it had executed a conditional sale and purchase agreement with OMF Fund II H Ltd (“Orion”) for the acquisition of 100% of the share capital and shareholder loans of Sydvaranger Mining AS (“Sydvaranger”). Further to that announcement, the Company is today pleased to announce that it has entered into an extension agreement with Orion whereby the Long Stop Date (the date by which the acquisition has to be completed) has been extended to 1 May 2024.
Read moreDecember 22, 2023
GRANGEX enters into a Royalty Agreement with Anglo American in respect of its proposed acquisition of Sydvaranger Mining
Grangex is today pleased to announce that it has entered into a Royalty Agreement with Anglo American for part-funding the acquisition and for the future development and operation of the Sydvaranger Mine.
Read moreNovember 30, 2023
GRANGEX enters into an agreement to acquire Sydvaranger Mining AS
GRANGEX AB (“Grangex”, “Purchaser”) today announces that it has executed a conditional sale and purchase agreement (“SPA”) with OMF Fund II H Ltd (“Orion”, “Seller”) for the acquisition of 100% of the share capital and shareholder loans of Sydvaranger Mining AS (“Sydvaranger”) from Orion for a total consideration of USD 33 million.
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