Mining, Minerals & Metals plc (GB:MMM) has released an update.
Mining Minerals & Metals Plc (MMM) is nearing completion of its all-share acquisition of Georgina Energy, aiming to create a leading global producer of helium and hydrogen with assets in Australia valued at over US$100 billion. The acquisition is set for late Q2 2024, with significant institutional interest already shown in preliminary investor meetings. MMM’s strategic acquisition promises to capitalize on the global demand for helium and hydrogen, leveraging established infrastructure and a low-risk strategy with drilling expected to begin by Q4 2024.
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