other material
confidence high
sentiment neutral
materiality 0.60
M2i Global enters Offtake Agreement to acquire 195M lbs copper in exchange for 12M shares
M2i Global, Inc.
- M2i Global entered an Offtake Agreement with NT Minerals LTD to purchase 195,000,000 lbs of copper resource.
- Consideration for the copper is 12,000,000 shares of M2i Global common stock issued to NT Minerals.
- Agreement effective June 30, 2024, and continues until the full contract quantity is purchased.
- Either party may terminate on material breach with a 10-day cure period or immediate termination for incurable breach.
- No other financial terms or commercial benchmarks were disclosed in the filing.