SMH
·general
·5 hours ago
West Wits cashes WA gold project, keeps upside play
West Wits Mining divested its Mt Cecelia gold project in Western Australia for $2 million in equity from Aventine Resources, with plans for an ASX listing. CEO Rudi Deysel stated the deal allows for exposure to future success while the company focuses on its African gold production. A one percent royalty on future production may provide additional revenue.
Summary by Glance · SMH
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