Shree Minerals Limited (AU:CTN) has released an update.
Catalina Resources Ltd has agreed to sell its Kookynie West Project exploration rights to KoBold Tjantjuru Pty Ltd for a total of AUD $405,000, allowing Catalina to concentrate on its other priority projects. The sale includes a 1% net smelter return royalty for Catalina, with KoBold having the option to buy back half for AUD $1,000,000. This transaction aligns with Catalina’s strategy to streamline its project portfolio.
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