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Completion of Boolaloo Project Sale

  • Writer: Lachlan Horn
    Lachlan Horn
  • Feb 6, 2024
  • 1 min read


Highlights


  • The consideration received for the divestment of the Boolaloo Project consists of:

    • 2,000,000 fully paid ordinary shares in Black Cat based on a share price of $0.28 per share and valued at $560,000.

    • A 0.5% net smelter return royalty on gold and copper produced from all the Boolaloo tenements.

  • Kingfisher finished the December 2023 Quarter with cash and receivables of $2.01M (see ASX:KFM 22 January 2024), excluding the Black Cat shareholding.








 
 
 

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