NEX COMPANY BULLETIN V2024-0051
KENADYR METALS CORP. ("KEN.H") BULLETIN TYPE: Property-Asset or Share Disposition Agreement BULLETIN DATE: January 4, 2024 NEX Company
TSX Venture Exchange has accepted for filing documentation with respect to the arm's length disposition of the Company's wholly-owned subsidiary, Kenadyr Mining Corporation (the "Asset") which owns the Borubai Project in Chuy Region, Kyrgz Republic. Pursuant to the terms of the share purchase agreement dated September 27, 2023 between the Company and the arm's length purchaser (the "Purchaser"), the Purchaser paid cash consideration of US$0.98 million (reflecting the US$1.0 million purchase price, after working capital adjustments) to the Company for the Asset.
For further details, please refer to the Company's news releases dated October 19, 2023, December 7, 2023 and January 2, 2024.
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