BRIEF-FREYR Battery Entered Into A Mutual Termination Agreement With 24M Technologies

Reuters11-06

Nov 6 (Reuters) - FREYR Battery Inc :

* FREYR BATTERY INC: ENTERED INTO A MUTUAL TERMINATION AGREEMENT WITH 24M TECHNOLOGIES

* FREYR BATTERY INC: TO PAY 24M A SUM OF $3.0 MILLION IN CONSIDERATION FOR SERVICES & RELATED ACTIVITIES PREVIOUSLY PROVIDED

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