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Reward offers 10% equity in Martu native title deal
31-March-08
Written by Mark Pownall

Explorer and aspiring potash producer Reward Minerals Ltd has reached what is being touted as a ground-breaking native title deal to potentially give the Central Western Desert's Martu people more than 10 per cent of the company.
Shares in Reward jumped 25 per cent today, to hit $1.25, giving it a market capitalisation of about $67 million.The equity component of the deal involves options to be issued at a deep discount to Reward's current share price if the company succeeds in its plan to develop the Lake Disappointment potash project.

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