AI assistant
MINERAL RESOURCES LIMITED — Capital/Financing Update 2021
Mar 21, 2021
65337_rns_2021-03-21_fcaaa529-2593-46b9-bcb2-f509af53db6d.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [92 x 95] intentionally omitted <==
ASX Announcement 22 March 2021
Westgold Sells Lithium Assets
Westgold Resources Limited ( ASX:WGX ) is pleased to advise that it has completed the sale of its lithium assets including a royalty over the Mt Marion Lithium mine and exploration and development rights on adjoining tenure to Reed Industrial Minerals (50% owned by Mineral Resources Limited ASX:MIN ) for $17.5m in cash.
Westgold Chairman, Peter Cook said “The sale represents another divestment of the group’s non-core assets as it continues to focus on its core gold business in the Murchison region. This was a seamless and uncomplicated transaction completed in a respectful manner and it is pleasing to place the interests in the hands of the group directly growing its business and production in the region”.
Authorised for release by: Lisa Smith Group General Counsel & Company Secretary
Enquiries:
Peter Cook (Exec. Chairman) Debbie Fullarton (CEO) [email protected] [email protected]
Rod Corps (Investor Relations) [email protected]