Korab Resources Limited (AU:KOR) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Korab Resources Ltd has extended the settlement date for the sale of its Geolsec mineral lease to Leka II Shipping Limited, now set for March 31, 2025, pending approval from the Foreign Investment Review Board. The $4.35 million cash deal, with additional royalties, involves rights to a mineral-rich area south of Darwin. This move highlights Korab’s strategic divestment efforts within its diverse mining portfolio, potentially impacting its stock value.
For further insights into AU:KOR stock, check out TipRanks’ Stock Analysis page.