TORONTO, Oct. 31, 2024 (GLOBE NEWSWIRE) — Euro Sun Mining Inc., (TSX: ESM) (“Euro Sun” or the “Company”) is pleased to announce that they have entered a binding Memorandum of Understanding (the “MOU’) with GlencoreInternational AG (“Glencore”) by which Euro Sun grants Glencore the right of first refusal (“ROFR”) for an offtake of all future concentrate to be produced by Euro Sun at its Rovina Valley Project in Romania. In addition, Glencore has the right to nominate one director to the Euro Sun board of directors.
Mr. Grant Sboros, CEO of Euro Sun Mining, expressed enthusiasm about the recently signed MOU, emphasizing, “We are delighted to announce this offtake concentrate agreement with one of the world’s leading mining companies. This MOU underscores the growing international interest in our project and secures…
