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Reward Minerals Halts Acquisition, Focuses on Tech
Company Announcements

Reward Minerals Halts Acquisition, Focuses on Tech

Reward Minerals Limited (AU:RWD) has released an update.

Reward Minerals Limited announced the termination of its acquisition of the Beyondie Potash Project due to inadequate funding under current market conditions. The company is advancing its Carnarvon Potash Project with applications and ongoing engagement with strategic investors in related industries. Reward touts its proprietary processing technology as a potentially cost-effective and environmentally friendly method for producing potash, with positive results from its Engineering Scoping Study.

For further insights into AU:RWD stock, check out TipRanks’ Stock Analysis page.

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