Non-core Citadel copper-gold project to be divested

Summary by 6ix AI

The agreement will see Centaurus receive shares in Antipa, making it a major shareholder post-IPO, while allowing Centaurus to focus on its Brazilian iron ore assets. The Citadel Project is located near the Telfer gold mine and has shown promising exploration results for gold and copper mineralization. Centaurus' Managing Director expressed satisfaction with the deal, highlighting the immediate value it brings to shareholders and the exploration potential of Antipa's projects.

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