Update on Sale of Surplus Generators
Released
Released
Announcement PDF
ASX ANNOUNCEMENT
17 February 2025
Update on Sale of Surplus Generators
Cyprium Metals Limited (ASX: CYM, OTC: CYPMF) (Cyprium or the Company) and USP&E North
America LLC have agreed to extend the completion date on the sale of the Company’s surplus TM2500 generators.
USP&E has made a further non-refundable deposit of USD 600,000 (AUD 960,000), bringing the
total non-refundable deposits received by Cyprium to USD 1.2 million. The purchase price of USD
6.05 million remains the same as previously announced on 22 November 2024. Final payment is
due on completion which is expected to occur in the second calendar quarter.
This announcement has been approved by the Executive Chair.
Further information:
Matt Fifield
Investor Relations
Executive Chair
matt.fifield@cypriummetals.com
Investability
investors@investability.com.au
T +61 8 6374 1550
E communications@cypriummetals.com
About Cyprium Metals Limited
Cyprium Metals Limited (ASX: CYM) is an ASX-listed Australian copper company. Its flagship property is the Nifty
Copper Mine in Western Australia, which previously produced significant copper from both oxide and sulphide
resources. Cyprium is focused on redeveloping Nifty, which has the advantage of significant invested capital,
data from a long operating history, large-scale resources, current operational approvals, and recent investment
in the property.
The Company’s other assets include significant copper-focused properties in the Paterson and Murchison
Provinces, including multiple defined resources.
Subscribe to Email Alerts via our Investor Hub: https://investorhub.cypriummetals.com/auth/signup
Website: www.cypriummetals.com
LinkedIn: https://www.linkedin.com/company/cyprium-metals/
X: https://x.com/CypriumMetals
ABN 48 002 678 640
T +61 8 6374 1550
ASX: CYM
Level 1, 437 Roberts Road
Subiaco, WA, 6008
www.cypriummetals.com
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