Medallion Metals (ASX:MM8) agreed with IGO (ASX:IGO) to extend the sunset date to meet the conditions for the company's proposed acquisition of the Forrestania nickel operation in Western Australia to Feb. 20, 2026, from Dec.12, according to a Wednesday Australian bourse filing.
The company will reimburse IGO for project-related and associated holding costs at the operations during the extended period, the filing said.
It expects to meet the conditions for the acquisition on or before Feb. 20, 2026, and to receive key environmental approvals by early 2026, the filing added.
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