Alien Metals signs exclusivity agreement

9 September 2020

Alien Metals Ltd (LON:UFO) has entered into an exclusivity agreement with Capstone Mining Corp (TSE:CS) in respect of the potential farm out of an interest in its Donovan 2 copper-gold project in Mexico.

The exclusivity provides for a 45-day period for Capstone to undertake due diligence. During the due diligence period the parties intend to enter into a definitive agreement, which will provide for a staged earn-in to the Donovan 2 Project, through a combination of carried expenditure and cash payments.

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