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Atlas Metals Group plc signed a conditional Share Purchase Agreement to acquire Universal Pozzolanic Silica Alumina Ltd for £1 billion, to be settled via share exchange.
Atlas Metals Group signed a non-binding Letter of Intent to acquire Universal Pozzolanic Silica Alumina Ltd (UPSA), which has commercialization rights to a pozzolanic silica alumina reserve in Australia with 250 million tonnes and extraction rights for 99 years.