Siren Gold Ltd (AU:SNG) has released an update.
Siren Gold Limited has inked a deal to sell its Reefton Project to RUA Gold Inc. for A$20 million, paid as A$2 million in cash and the remainder in RUA shares, effectively making RUA the largest gold explorer in the area. This strategic move allows Siren to focus on its Sam’s Creek Project and retains a 30.2% interest in the Reefton Project via RUA shareholding, with the transaction slated to complete in Q4 2024.
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