Neometals to acquire 51% of Utah Brine Corporation for up to USD 2 million funding commitment

Reuters

Mar 20

Neometals to acquire 51% of Utah Brine Corporation for up to USD 2 million funding commitment

Neometals agreed to acquire and maintain a 51% stake in Utah Brine Corporation by funding up to USD 2 million of project costs over three years.
Omaha Value will retain 49% and will fund a USD 1.9 million payment to American Helium and Ascent Resources, due after receipt of approvals for commercial lithium and/or potash production.
Utah Brine Corporation has an exclusive access and use licence over 24 existing wells and related infrastructure in Utah’s Paradox Basin for brine sampling and test work.
Neometals will issue Omaha Value 3 million unlisted options exercisable at AUD 0.10 per share.
Additional unlisted options will be issued to American Helium and Ascent Resources totaling 10 million, each exercisable at AUD 0.10 per share.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Neometals Ltd. published the original content used to generate this news brief on March 20, 2026, and is solely responsible for the information contained therein.

At the request of the copyright holder, you need to log in to view this content

LOGIN / SIGN UP

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www-web.itiger.com/news/2620520140"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2620520140\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2620520140?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-20 12:01","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2620520140","market":"nz","top_or_hot":-1,"title":"Neometals to acquire 51% of Utah Brine Corporation for up to USD 2 million funding commitment","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Neometals to acquire 51% of Utah Brine Corporation for up to USD 2 million funding commitment\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<ul>\n<li>\n          Neometals agreed to acquire and maintain a 51% stake in Utah Brine Corporation by funding up to USD 2 million of project costs over three years.\n        </li>\n<li>\n          Omaha Value will retain 49% and will fund a USD 1.9 million payment to American Helium and Ascent Resources, due after receipt of approvals for commercial lithium and/or potash production.\n        </li>\n<li>\n          Utah Brine Corporation has an exclusive access and use licence over 24 existing wells and related infrastructure in Utah’s Paradox Basin for brine sampling and test work.\n        </li>\n<li>\n          Neometals will issue Omaha Value 3 million unlisted options exercisable at AUD 0.10 per share.\n        </li>\n<li>\n          Additional unlisted options will be issued to American Helium and Ascent Resources totaling 10 million, each exercisable at AUD 0.10 per share.\n        </li>\n</ul>\n<br/>\n<br/>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. <a href=\"https://laohu8.com/S/NMTAF\">Neometals Ltd.</a> published the original content used to generate this news brief on March 20, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Neometals to acquire 51% of Utah Brine Corporation for up to USD 2 million funding commitment</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNeometals to acquire 51% of Utah Brine Corporation for up to USD 2 million funding commitment\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-03-20 12:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Neometals to acquire 51% of Utah Brine Corporation for up to USD 2 million funding commitment\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<ul>\n<li>\n          Neometals agreed to acquire and maintain a 51% stake in Utah Brine Corporation by funding up to USD 2 million of project costs over three years.\n        </li>\n<li>\n          Omaha Value will retain 49% and will fund a USD 1.9 million payment to American Helium and Ascent Resources, due after receipt of approvals for commercial lithium and/or potash production.\n        </li>\n<li>\n          Utah Brine Corporation has an exclusive access and use licence over 24 existing wells and related infrastructure in Utah’s Paradox Basin for brine sampling and test work.\n        </li>\n<li>\n          Neometals will issue Omaha Value 3 million unlisted options exercisable at AUD 0.10 per share.\n        </li>\n<li>\n          Additional unlisted options will be issued to American Helium and Ascent Resources totaling 10 million, each exercisable at AUD 0.10 per share.\n        </li>\n</ul>\n<br/>\n<br/>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. <a href=\"https://laohu8.com/S/NMTAF\">Neometals Ltd.</a> published the original content used to generate this news brief on March 20, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7095","symbol_name":"多种金属与采矿","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260320:nNDL5274w6:1","article_id":"2620520140","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2620520140","pubTimestamp":1773979274,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Neometals agreed to acquire and maintain a 51% stake in Utah Brine Corporation by funding up to USD 2 million of project costs over three years.Omaha Value will retain 49% and will fund a USD 1.9 million payment to American Helium and Ascent Resources, due after receipt of approvals for commercial lithium and/or potash production.Utah Brine Corporation has an exclusive access and use licence over 24 existing wells and related infrastructure in Utah’s Paradox Basin for brine sampling and test work.Neometals will issue Omaha Value 3 million unlisted options exercisable at AUD 0.10 per share.Additional unlisted options will be issued to American Helium and Ascent Resources totaling 10 million, each exercisable at AUD 0.10 per share.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted a","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7095":"多种金属与采矿","NMT.AU":"NEOMETALS LTD","BK7504":"锂钴概念"},"translate_title":"Neometals将以高达200万美元的融资承诺收购犹他盐水公司51%的股份","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NMT.AU":0.9},"content_text":"Neometals to acquire 51% of Utah Brine Corporation for up to USD 2 million funding commitment\n    \n\n\n          Neometals agreed to acquire and maintain a 51% stake in Utah Brine Corporation by funding up to USD 2 million of project costs over three years.\n        \n\n          Omaha Value will retain 49% and will fund a USD 1.9 million payment to American Helium and Ascent Resources, due after receipt of approvals for commercial lithium and/or potash production.\n        \n\n          Utah Brine Corporation has an exclusive access and use licence over 24 existing wells and related infrastructure in Utah’s Paradox Basin for brine sampling and test work.\n        \n\n          Neometals will issue Omaha Value 3 million unlisted options exercisable at AUD 0.10 per share.\n        \n\n          Additional unlisted options will be issued to American Helium and Ascent Resources totaling 10 million, each exercisable at AUD 0.10 per share.\n        \n\n\n\n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Neometals Ltd. published the original content used to generate this news brief on March 20, 2026, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation,merge","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}