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Triton Minerals Ltd (ASX:TON)

ALERT: Price-sensitive ASX Announcement for TON
Current share price for TON : $0.003 0 (0%)+
Announcement
Release
2 Jul 2026 11:52AM
Price at Release
$0.003
Full Release
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Summary
Triton Minerals Limited issued an update regarding the delay in the completion of the transaction under the Share Sale and Purchase Agreement (SSAP) with NQM Gold 2 Pty Ltd. The Completion, originally scheduled for 1 July 2026, was postponed due to NQM's failure to fulfill its obligations as required by the SSAP. Triton has issued a notice requiring NQM to complete the transaction by 9 July 2026 and is considering its legal rights and remedies. Triton confirmed that all conditions precedent to Completion had been satisfied and will continue to update shareholders on material developments.
Key Points
  • Triton Minerals Limited announced an update on the Share Sale and Purchase Agreement (SSAP) with NQM Gold 2 Pty Ltd.
  • Completion was scheduled for 1 July 2026 under the SSAP, but did not occur due to NQM's failure to meet obligations.
  • Triton issues a default notice to NQM requiring completion by 9 July 2026.
  • Triton asserts all conditions for Completion were satisfied.
  • Triton is considering legal rights and remedies available under the SSAP.
  • The announcement was authorized by the Independent Directors of Triton Minerals Ltd.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.