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ANDROMEDA METALS LIMITED — M&A Activity 2021
Dec 5, 2021
64303_rns_2021-12-05_5e38fde0-2518-494e-a055-f043ea4e2d92.pdf
M&A Activity
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6 December 2021
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----- Start of picture text ----- ASX ANNOUNCEMENTANDROMEDA METALS LTD (Andromeda, ASX: ADN)----- End of picture text -----
Andromeda Metals Limited
ABN: 75 061 503 375
Corporate details:
Andromeda execute non-Binding MOU to collaborate on Cape Hardy export options
ASX Code: ADN Cash (30 Sept 2021): $46.17m Issued Capital:
2,483,727,046 ordinary shares 70,300,000 unlisted options 29,274,475 performance rights
Directors:
Rhod Grivas Non-Executive Chair James Marsh
Managing Director
Joe Ranford
Operations Director
Andrew Shearer Non-Executive Director
Melissa Holzberger Non-Executive Director
Company Secretary:
Andromeda Metals Ltd ( ASX:ADN , “Andromeda”, “ the Company ”) is pleased to note the release by Iron Road Limited (ASX:IRD) announcing that Iron Road and Andromeda have entered into a non-binding MOU regarding the development of a deep, multi-commodity port at Cape Hardy.
Andromeda has entered into the agreement as part of exploring a number of potential port development options to support the future growth across Andromeda’s portfolio of projects on Eyre Peninsula, specifically the Mount Hope project.
Andromeda is currently in the process of developing its Great White KaolinHalloysite project near Poochera on Eyre Peninsula and is progressing those plans through the use of existing ports on Eyre Peninsula. With the growth of other regional businesses, agricultural output, aquiculture and mining, Andromeda considers its own plans and those of Eyre Peninsula will be better serviced with additional port facilities and supports the safe and sensitive development of such.
Andrea Betti
Authorised for release by the Board of Directors of Andromeda Metals Ltd.
Contact details:
69 King William Road, Unley, South Australia 5061
PO Box 1210 Unley BC SA 5061 Tel: +61 8 8271 0600 Fax: +61 8 8271 0033 [email protected] www.andromet.com.au
For more information about the Company and its projects, please visit our website www.andromet.com.au or contact:
Joe Ranford Operations Director Andromeda Metals Ltd T: 08 8271 0600 E: [email protected]
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----- Start of picture text ----- Andromeda Metals Ltd | ABN 75 061 503 375 | 69 King William Road Unley SA, 5061[email protected] | www.andromet.com.au----- End of picture text -----