Northern Star confirms sale of its Kundana assets to Evolution
Published by Will Owen,
Editor
Global Mining Review,
Northern Star Resources Ltd recently announced its intention to sell its Kundana gold assets to Evolution Mining Ltd, and it has now provided an update regarding the progress of the sale.
According to Northern Star, Ministerial consent has been received in relation to the transfer of tenements under the recent binding share and asset sale agreement between the two companies. The share and asset sale agreement is now unconditional.
Completion is expected to occur in approximately 20 business days, on a date to be agreed by Northern Star and Evolution.
Read the article online at: https://www.globalminingreview.com/mining/26072021/northern-star-confirms-sale-of-its-kundana-assets-to-evolution/
You might also like
Maaden signs Fleet Space & Tahreez JV for multi-year exploration contract
Fleet Space Technologies has signed a landmark, multi-year exploration contract with Maaden to explore the company’s priority projects across the Arabian Shield.