Muga funding and creation of a new globally diversified potash company

Highfield Resources Ltd (Highfield) has announced that it has entered into binding agreements with Yankuang Energy Group Co. Ltd (Yankuang Energy) and a number of strategic investors including Beijing Energy International Holding Co. Ltd (Beijing Energy) and Singapore Taizhong Global Development Pte. Ltd (Taizhong), in relation to a transaction which is expected to transform Highfield into a globally diversified potash company and deliver the remaining funding for Phase 1 of the Muga potash project.

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