CAPITAL MARKETS

Westgold adds cash and minuses lithium royalties

WESTGOLD Resources has raised a further A$23 million in relation to the "unplanned" acquisition last financial year of the Australian Contract Mining business and is looking to sell its lithium royalties for $15 million to streaming company SilverStream SEZC.

Westgold adds cash and minuses lithium royalties

Cayman Island-headquartered SilverStream is to get a 75-day due diligence period, with the staged deal involving $7.5 million being immediately payable if the transaction goes ahead. The deal involves...

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