BHP Group Ltd ASX:BHP:
BHP AND FARADAY COPPER SIGN DEFINITIVE SAN MANUEL AGREEMENT
DEAL FOR FARADAY’S 100% ACQUISITION OF BHP’S SAN MANUEL PROPERTY IN ARIZONA, USA
UNDER DEAL, BHP WILL RECEIVE SHARES EQUIVALENT TO 30% STAKE IN FARADAY ON FULLY DILUTED BASIS, OTHERS
UPON DEAL COMPLETION, BHP’S OVERALL HOLDING TO BE 32.5% OF FARADAY ON NON-DILUTED BASIS