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News: STA Strandline Resources Says Strandline Agrees To Sell Tanzanian Mineral Sands Assets

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    20/05/24
    11:15
    Post #: 73910322

    May 20 (Reuters) - Strandline Resources Ltd (STA) :

    • STRANDLINE AGREES TO SELL TANZANIAN MINERAL SANDS ASSETS
    • PROPOSED DEAL FOR TOTAL CONSIDERATION OF ABOUT A$43 MILLION
    • TO SELL TANZANIAN MINERAL SANDS PROJECTS TO A UNIT OF SHENGHE RESOURCES HOLDING
    • CONSIDERATION RECEIVED TO BE APPLIED TO REPAY EXISTING SUPER SENIOR INDEBTEDNESS & WORKING CAPITAL

    (([email protected];))

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