OCT octava minerals limited
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News: OCT First Au Reached Agreement With Octava Minerals To Divest Its Minority Interest In Talga...

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    11/09/23
    10:50
    Post #: 69807883

    Sept 11 (Reuters) - First Au Ltd (FAU) :

    • FIRST AU LTD- REACHED AGREEMENT WITH OCTAVA MINERALS TO DIVEST ITS MINORITY INTEREST IN TALGA PROJECT
    • FIRST AU- DIVESTS NON-CORE ASSET FOR CONSIDERATION OF A$200,000 CASH, 1.2 MILLION FULLY PAID ORDINARY SHARES IN OCT AND A NET SMELTER ROYALTY OF 0.75%
    • FIRST AU LTD-SALE IS CONSISTENT WITH FIRST AU'S STRATEGY TO REALISE VALUE FROM ITS NON-CORE ASSETS.
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