Peak Resources Makes Significant Progress with Investor for Ngualla Rare Earth Project

Peak Resources Limited (ASX:PEK,OTCMKTS:PKRLY) announced updates on negotiations with a major investor.

As quoted in the press release:

The Company is satisfied with negotiations to date and can confirm that the major terms and conditions have been agreed with only some minor terms that remain outstanding. Peak and the Investor are continuing to work together to finalise all outstanding matters and the Company remains confident that the formal agreement will be finalised in the near future.

To view the whole press release, click here.