Verde Announces Man of War Rare Earths Project Spin-Off
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Verde AgriTech Ltd has announced the spin-off of its Man of War Rare Earths Project into a new entity, Oby Rare Earths Pty. Ltd., in Australia. This move is subject to shareholder approval.
November 20, 2024 | 1:00 pm
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Verde AgriTech Ltd is spinning off its Man of War Rare Earths Project into a new company, Oby Rare Earths Pty. Ltd., in Australia. This strategic move is pending shareholder approval.
The spin-off of the Man of War Rare Earths Project into a separate entity could unlock value for Verde AgriTech Ltd by allowing focused development of the project. This strategic move is likely to be viewed positively by investors, pending shareholder approval.
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