viewQueensland Pacific Metals Ltd

Queensland Pacific Metals halted with offtake and funding agreement news upcoming

The company acknowledges the Bindal People as Traditional Owners and Custodians of the Lansdown site at Townsville and the agreement shows a commitment to ensuring Aboriginal Cultural Heritage is identified and managed.

Queensland Pacific Metals Ltd -
The company is the 100% owner of the Townsville Energy Chemicals Hub.

Queensland Pacific Metals Ltd (ASX:QPM) (FRA:4EA) is in a trading halt with an announcement pending in regard to finalisation of an offtake and associated funding agreement.

The trading halt will remain in place until the beginning of normal ASX trade on Tuesday, June 8, or until an announcement is released to the market, whichever occurs earliest.

Cultural Heritage Management Agreement

In early May the company entered into a Cultural Heritage Management Agreement (CHMA) with the Bindal People for its TECH Project at Townsville in North Queensland.

According to the agreement, the company acknowledges that the Bindal People are the Traditional Owners and Custodians of the Lansdown site where the TECH Project will be constructed.

The CHMA between QPM and the Bindal People is being implemented to ensure Aboriginal Cultural Heritage is identified and managed as part of the TECH Project.

Quick facts: Queensland Pacific Metals Ltd


Price: 0.275 AUD

Market Cap: $372.79 m

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