Rimfire Ends Avondale Project Agreement Amid Dispute
Company Announcements

Rimfire Ends Avondale Project Agreement Amid Dispute

Rimfire Pacific Mining Limited (AU:RIM) has released an update.

Rimfire Pacific Mining Limited has terminated the Avondale Project Earn-in Agreement with Golden Plains Resources Pty Ltd, citing the latter’s failure to disclose a change of control. Consequently, Golden Plains Resources will no longer have an interest in the Avondale Project, which includes the promising Melrose Scandium Prospect. Rimfire anticipates a dispute over the termination but remains committed to advancing the project and protecting shareholder interests.

For further insights into AU:RIM stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App