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Tivan Limited ( (AU:TVN) ) has issued an update.
Tivan Limited has completed its acquisition of the Speewah Project from King River Resources Limited (KRR) in the Kimberley region of Western Australia. The acquisition process involved a $20 million deal, including shares and cash payments, finalized with a Deed of Release, indicating no further obligations or liabilities. This milestone aligns with Tivan’s strategic plans, including a proposed joint venture with Sumitomo Corporation for the Speewah Fluorite Project, potentially enhancing Tivan’s market position and operational capabilities.
More about Tivan Limited
Tivan Limited is a company involved in the mining industry, primarily focused on acquiring and developing mineral projects. Its market focus includes strategic partnerships and acquisitions to enhance its mining operations and product offerings.
YTD Price Performance: 3.39%
Average Trading Volume: 6,302
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $140.5M
For detailed information about TVN stock, go to TipRanks’ Stock Analysis page.
