Bill Brodie Good of Alien Metals discusses the approval for Munni Munni Project acquisition

Bill Brodie Good, Chief Executive Officer & Technical Director of Alien Metals #UFO discusses the Australian Foreign Investment Review Board approval for Munni Munni Platinum Group Metals and Gold Project acquisition.

Highlights

Alien Metals  a global minerals exploration and development company, is pleased to advise that the Company has received a 'no objection' letter from the Australian Foreign Investment Review Board in relation to the Company's acquisition of a 100% interest in the Munni Munni Platinum Group Metals and Gold Project in the West Pilbara, Western Australia ("Munni Munni Project") ("Acquisition"). As announced on 24 November 2021, the Munni Munni Project is currently subject to a joint venture between Artemis Resources Limited (ASX/AIM:ARV) and Platina Resources Limited (ASX:PGM).

The 'no objection' from FIRB was one of the key conditions precedent to the Acquisition, as referenced in the Company's announcement on 21 January 2022, with the Company planning to satisfy the remaining conditions in the coming weeks.