UK-based Technology Minerals announced on May 20 that it has completed the sale of an initial 10% interest in its wholly owned US cobalt/copper projects, the Blackbird Creek Project and Emperium Project (collectively "the Properties"), to Bluebird Metals LLC for a cash consideration of ￡900,000.

The sale agreement also includes a proposed option for the buyer to acquire a further 20% interest in the Properties for a further cash consideration of ￡1.8m. The option is exercisable within a 6-month period from the date of the signing of the detailed purchase agreement regarding the proposed sale.