Deep Source Holdings Limited Forms Joint Venture for Bella Bella Vanadium Project

Reuters
Jan 29
Deep Source Holdings Limited Forms Joint Venture for Bella Bella Vanadium Project

Deep Source Holdings Limited has announced that the Borrower, having completed the acquisition of the Target Company, is in discussions with the Foreign Investment Review Board (FIRB) regarding approval for a potential sale of 40% of the Target Company to Deep Source Holdings Limited. If approved, the acquisition will be settled by setting off a US$6 million loan previously made by Deep Source Holdings Limited to the Borrower, with no additional payment required. Regardless of the FIRB decision, Deep Source Holdings Limited and the Borrower will proceed with a joint venture and an offtake agreement. Additionally, the Borrower has granted the operating joint venture the exclusive right to mine and offtake critical minerals at the Bella Bella Vanadium Project.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Deep Source Holdings Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260128-12003699), on January 28, 2026, and is solely responsible for the information contained therein.

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