BRIEF-Everest Metals Corp Secures Mukinbudin Uranium Project

Reuters06-25

June 25 (Reuters) - Everest Metals Corporation Ltd

* SECURED MUKINBUDIN URANIUM PROJECT LOCATED IN WESTERN AUSTRALIA

* EXECUTED TERM SHEET WITH COBOLD METALS FOR COBOLD TO ACQUIRE PROJECT ALONG WITH CO'S NORTHERN TERRITORY URANIUM PROJECTS

* COBOLD WILL SEEK TO LIST ON ASX IN Q4 2024

* POST IPO, CO WILL RETAIN INDICATIVE 22.8% STAKE IN NEW LISTING WITH IMPLIED MARKET VALUE OF A$2.6M

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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