Namibia Critical Metals
Each Warrant in this second tranche is exercisable into one additional common share at a price of $0.413.
"Prices for dysprosium and terbium oxides continue to strengthen with dysprosium approaching US$300/kg and terbium surpassing US$1,100/kg."
“We are well positioned in key areas of the belt and we are especially excited about the Highlands Target which covers 25km2."
This additional commitment will increase the Term 1 joint venture expenditure from $3,000,000 to $4,100,000 by March 31, 2021.
Erongo is one of three prospective gold projects in the company's portfolio within the belt which hosts the Navachab and Otjikoto mines.
Namibia Critical Metals has announced details of the Term 1 planned work programme for its Lofdal heavy rare earths project in northern Namibia.
Namibia Critical Metals' subsidiary, Kunene Resources Namibia, has signed an agreement with a private Namibian group to allow the pegging of a mining claim covering a small manganese occurrence within EPL 4347 which is held by the company.
TSX-listed Namibia Critical Metals Inc. has announced first results from drilling on the Kunene Cobalt-Copper Project in northern Namibia.
Namibia Critical Metals' first phase of drilling will commence on the Kunene cobalt-copper project in northern Namibia starting the first week of October.
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