KSN 1.16% 8.5¢ kingston resources limited

Ann: Trading Halt, page-4

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  1. 11,218 Posts.
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    https://www.copyright link/street-t...o-buy-develop-cobar-gold-mine-20211116-p599ar

    Kingston has agreed to buy the Mineral Hill mine from US-based Quintana MH Holding Co LLC for up to $22.7 million in a combination of US$1 million ($1.36 million) cash, US$8 million ($10.9 million) scrip and a 2 percent NSR (net smelter return) royalty on production, the term sheet said.

    Mineral Hill has had a historical production of 396 thousand ounces of gold and 33 kilotonnes of copper, with existing infrastructure in a 350 to 400 kilotonnes plant.
    Last edited by CaptainBarnacles: 16/11/21
 
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