m_and_a
confidence high
sentiment positive
materiality 0.90
Sow Good acquires Nachu Graphite Project for ~$107M all-stock; reported NPV10 $1.2B
Sow Good Inc.
- All-stock consideration ~US$107M (AU$150M); ~334M shares at US$0.3209 VWAP.
- Acquisition of Ryzon's Tanzanian subsidiaries holding Nachu Graphite Project; reported post-tax NPV10 US$1.2B, 51% IRR (JORC 2012, not S-K 1300).
- Nachu resource: 174 Mt at 5.4% TGC; 98.5-99% purity via flotation; ~236 ktpa steady-state concentrate.
- Binding offtake with Tier-1 EV/ESS manufacturer; to be re-confirmed post-closing.
- Permits in place: Special Mining License SML 550/2015; 10-year SEZ tax exemption.
item 7.01item 9.01