RXL 0.00% 14.0¢ rox resources limited

Ann: High Grade Gold Intercepts at Youanmi Extend Mineralisation, page-35

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    Rox Resources Ltd (ASX:RXL) has identified two potential options for its planned strategic divestment of its Western Australian nickel assets.

    Following a review conducted over recent months, and with increasingly positive investor sentiment surrounding the nickel sector, the company is progressing, in parallel, a possible third-party sale of its nickel assets, and alternatively, a spin out of these assets to its shareholders in a new corporate ASX-listed vehicle. The due diligence and preparatory documentation for the potential spin-out are already significantly advanced.


    https://www.theassay.com/featured-news/rox-considering-spin-off-strategic-nickel-assets/?utm_campaign=The%20Assay&utm_content=153084778&utm_medium=social&utm_source=facebook&hss_channel=fbp-102915371590313
 
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