Divestment of Cargo project
Filed with ASX · · 1 page · English
Summary by 6ix AI
Golden Cross Resources Ltd has announced the divestment of its Cargo Project, which is located near significant mining operations. The company has accepted an offer from Agricultural Equity Investments Pty Ltd for the complete sale of the project for cash payments tied to the approval process. The initial deposit has already been received, and the transaction is expected to be completed by early the following year. Proceeds from the sale will be used to support ongoing exploration of the company's remaining assets.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Golden Cross Resources Ltd on 6ix
Story so far
Earlier from Golden Cross Resources
- Sale of Non-Core Assets
- Offer of Grant for Drilling at Cargo
- Response to ASX query
- Quarterly Cashflow Report
- GCR Elects To Become 100% Owner of Isa Phosphate Tenements
Later from Golden Cross Resources
- Management Update
- Response to App 5B Query Letter
- Copper Hill Valuation Update
- Burra Geophysical Survey
- Quarterly Activities Report and 5B
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