OMI Holdings Limited (OMI) is pleased to advise that it has secured the right to acquire 100% of the issued capital of Opirus Minerals Pty Ltd, the holder of the rights to a flake graphite exploration project in South Korea, certain exploration permit applications over flake graphite-bearing areas and a pipeline of other prospective flake graphite acquisitions in that region.
OMI Chairman, Mr Terry Cuthbertson said the Opirus flake graphite projects would rapidly position the Company as a key player in the graphite exploration sector with a valuable exploration portfolio in a known flake graphite province nearby to major Asian markets and processing facilities. “Upon completion of the Acquisition, the Company will have an impressive flake graphite exploration portfolio in South Korea, with the potential for further expansion on the Korean peninsula via OMI Holdings Limited additional flake graphite prospects currently under consideration by Opirus.
Tags: Flake Graphite, mining, OMI, OMI Holdings, Opirus Minerals
