Tertiary Minerals (TYM)

 

Tertiary Minerals signs sales agreement

Tertiary Minerals said it has signed an early-stage sales agreement with Possehl Erzkontor, a subsidiary of commodities trading group Cremer.

Possehl and Tertiary intend to enter into a definitive purchase and sales agreement under which Tertiary would agree to sell to Possehl.

Possehl would also commit to purchasing a minimum of 70% of commercial grade acid-spar to be produced at Tertiary's three fluorspar projects.