Sale of Surplus Generators
Summary
Cyprium Metals Limited has successfully sold surplus generators for USD 6.05 million (AUD 9.3 million) to USP&E North America LLC, with a non-refundable deposit of USD 600,000 already received. Full payment is expected upon the removal of the unit from site to occur before February 14, 2025. The sale will provide funds for working capital purposes. This transaction underscores our commitment to unlocking value from Cyprium's assets, as stated by Executive Chair Matt Fifield. Investors are welcome to reach out with any questions or for further information. Cyprium Metals Limited, an ASX-listed Australian copper company, is focused on redeveloping the Nifty Copper Mine in Western Australia, alongside other copper-focused properties in the region. Visit our website for more details on our operations and projects.
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