Metalicity drops option to earn 80% stake in VRX's Biranup gold project
Insight Weekly: Private equity slows; SPAC underwriters retreat; carbon capture boost
Insight Weekly: M&A outlook; US community bank margins; green hydrogen players' EU expansion
Insight Weekly: US bank M&A; low refinancing eases rates impact; Texas crypto mining booms
Insight Weekly: US stocks hit grim milestone; top European banks tumble; TMT IPOs plunge
VRX Silica Ltd. said March 13 that Metalicity Ltd. decided not to progress its option agreement over the Biranup gold project in Western Australia.
Metalicity signed an option deal in November 2018 to acquire up to an 80% stake in Biranup through staged cash and share payments.
VRX said it will seek new opportunities for a joint venture to further explore the project.