Max Resource Issues an Update on the Acquisition of the Floralia Hematite Iron Ore Property in Brazil [Yahoo! Finance]
Freeport-McMoRan, Inc. (FCX)
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Source: Yahoo! Finance
further to its news release of May 16, 2024, the Company hereby provides an update on the purchase of 100% of the Florália Hematite Iron Ore Property ("Florália Property" or "Property") located 120-km east of the city Belo Horizonte, State of Minas Gerais, Brazil (refer to Figures 1 to 3 and Summary of the Transaction). On June 5, 2024, the Company received conditional approval from the TSX Venture Exchange ("TSXV") for the Transaction. Final acceptance of the Transaction is conditional upon satisfying the filing requirements outlined in Policy 5.3 of the TSXV Finance Manual. In accordance with National Instrument 43-101 ("NI 43-101") the Company has filed an independent Technical Report entitled "Florália Project", District of Florália, Municipality of Santa Barbara, Minas Gerais, Brazil by Qualified Person ("QP") Warren D. Robb, P.Geo. (BC) with an effective date of May 29, 2024. The Technical Report is available for review on SEDAR+ ( www.sedarplus.ca ) and on the Company's web
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