Canyon Resources LimitedASX: CAY

Divestment of Cue Project

· Issued by Canyon Resources Limited

Filed with ASX · · 1 page · English

Summary by 6ix AI

Canyon Resources Limited has announced the divestment of its Cue Project to Western Mining Pty Ltd through a signed contract. The sale aligns with the company's strategy to concentrate on its gold projects in Burkina Faso, West Africa. This divestment will enable Canyon to focus its resources entirely on its West African projects. The Cue Project will be sold for a total amount to be paid in stages over a year.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

On 6ix: 6ix.com/news/divestment-of-cue-project

Canyon Resources Limited on 6ix