Eastern Metals Limited (AU:EMS) has released an update.
Eastern Metals Limited has successfully sold its Thomson Project to Legacy Minerals Holdings Ltd for $200,000, with an additional 1.5% net smelter royalty on future production. This strategic divestment allows Eastern Metals to concentrate its efforts and resources on its promising Cobar and Arunta projects. The move is expected to enhance the company’s focus on these advanced assets and drive shareholder growth through targeted exploration efforts.
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