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Latest News: Jubilee Metals Group plc JUBILEE [JBL]

Tue, 11 Aug 2026	Official Announcement [RD]
Jubilee - strategic transaction for copper growth Jubilee announced that it has received two binding offers for the outright acquisition of the Company's Large Waste Project (LWP) at a substantial premium to the original acquisition price of the LWP (Consideration) (Binding Offers). Highlights - The sale of the LWP forms part of a progressive derisking of the large growth portfolio prioritising accelerated capital funding into the expansion of existing operations which offers higher returns - The Consideration together with remaining cash proceeds from the sale of the South African operations and the sale of non-core waste assets (as previously announced), offer substantial cash inflows nearing USD100 million, strengthening the Company's balance sheet and offering accelerated investment into the continued expansion of the Zambian operations - The Binding Offers also offer the potential for further partnerships with the Purchaser within Zambia specifically looking to bring to value selected tailings and waste projects
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