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Neometals Ltd And Mineral Resources Ltd Achieve Financial Close

Neometals Ltd (ASX:NMT) and Mineral Resources Ltd (ASX:MIN) advise that financial close occurred today regarding the exercise of a call option by MIN to acquire an additional 13.1% of Reed Industrial Minerals Pty Ltd from Neometals.

The companies advise that financial close occurred today with the receipt of US$19.65 million.

Neometals' cash balance is now A$79.7 million.

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