Sale of Non-Core Assets
Filed with ASX · · 1 page · English
Summary by 6ix AI
Golden Cross Resources Ltd has announced the sale of its wholly-owned property at Molong known as 'Coppervale'. The sale agreement was made with Hellsten SF Pty Ltd, associated with the Company's Chairman, for a significant amount, including prepaid rent. The Company has secured an option to repurchase the property within three years at a specified price or market value. This divestment is part of the Company's strategy to enhance shareholder value by focusing on its core assets.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Golden Cross Resources Ltd on 6ix
Earlier from Golden Cross Resources
- Offer of Grant for Drilling at Cargo
- Response to ASX query
- Quarterly Cashflow Report
- GCR Elects To Become 100% Owner of Isa Phosphate Tenements
- Update on GCRs Current Financial Position
Later from Golden Cross Resources
- Divestment of Cargo project
- Management Update
- Response to App 5B Query Letter
- Copper Hill Valuation Update
- Burra Geophysical Survey
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