Shree Minerals Limited (AU:CTN) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Catalina Resources Ltd has agreed to sell its Kookynie West Project exploration rights to KoBold Tjantjuru Pty Ltd for a total of AUD $405,000, allowing Catalina to concentrate on its other priority projects. The sale includes a 1% net smelter return royalty for Catalina, with KoBold having the option to buy back half for AUD $1,000,000. This transaction aligns with Catalina’s strategy to streamline its project portfolio.
For further insights into AU:CTN stock, check out TipRanks’ Stock Analysis page.