CAPITAL MARKETS

Greenstone to sell non-gold assets

PERTH-based Greenstone Resources has reaffirmed its gold focus with an agreement to divest some of its non-gold assets in Western Australia in a $2.45 million sale to the new $6 million base metals IPO International Base Metals Ltd.

Greg Tubby

Greenstone to sell non-gold assets

The consideration comprises $500,000 in cash, a 15% stake in IBML for an agreed value of $1.5 million. The balance of $500,000, including reimbursement of IPO expense advances totalling $50,000, will...

Start a free trial to continue reading this article

Already have an account? Sign in here

MORE ON THIS TOPIC

NEXT: MIM smelter to stay shut for a week
PREVIOUS: Greenstone Resources snares 825,000oz gold project

MOST POPULAR

1

DRYBLOWER

Dryblower on BHP's African nickel move as it mothballs Australia

2

EXPLORERS

Australia could be global player in another overlooked critical mineral

3

MINERS

WAF insists all is fine in Burkina Faso after government permit cancellation comments

4

M&A

Arcadium and Rio confirm takeover chatter

RESEARCH

Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902