SSAP Deed of Settlement
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| Stock | Triton Minerals Ltd (TON.ASX) |
|---|---|
| Release Time | 19 Aug 2026, 9:40 a.m. |
| Price Sensitive | Yes |
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Triton Minerals Ltd Settles Mozambique Graphite Assets Sale
Key Points
- Triton Minerals Ltd has finalized a Deed of Settlement with NQM Gold 2 Pty Ltd, TMM, and TUL.
- Completion under the SSAP is set for 21 August 2026.
- Triton will indemnify NQM for Corporate Income Tax up to A$850,000.
- Legal proceedings will be dismissed by consent with no costs awarded.
- Mutual releases will be provided upon completion.
Full Summary
Triton Minerals Ltd (ASX: TON) has announced the completion of a Deed of Settlement with NQM Gold 2 Pty Ltd, Triton Minerals Management FZE, and Triton United Limited. The Deed resolves all disputes related to the Share Sale and Purchase Agreement (SSAP) for Triton's Mozambique graphite assets. Key terms include proceeding with the SSAP completion on 21 August 2026, payment of outstanding consideration to Triton, indemnification of NQM for Corporate Income Tax up to A$850,000, dismissal of legal proceedings by consent, and mutual releases upon completion.
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