Capella Provides Extension for Norway Asset Sale Closing
VANCOUVER, BC, April 9, 2024 /PRNewswire/ – Capella Minerals Ltd (TSXV: CMIL) (OTCQB: CMILF) (FRA: N7D2) (“Capella” or the “Company”) announces that the Company and Polar Transition Metals AS (“Polar”; formerly “NickelX AS”) have mutually agreed on a 90-day extension of the long-stop date in order to close the asset sale agreement previously announced on October 17, 2023 (the “Agreement”). The amended long-stop date to close the Agreement is now July 7, 2024. This extension paves the way for the ongoing Initial Public Offering (“IPO”) of Polar on Euronext Growth in Oslo, Norway.
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