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Dart Mining NL ( (AU:DTM) ) has issued an announcement.
Dart Mining NL has entered into option agreements with Infinity Lithium Corporation Limited for the divestment and earn-out joint venture of its Mitta Mitta and Corryong exploration projects in Victoria’s Lachlan Fold Belt. This strategic move allows Dart Mining to concentrate on its core projects while potentially benefiting from Infinity’s exploration success, with a total consideration of up to $3.4 million in cash and shares if all performance milestones are met.
More about Dart Mining NL
Dart Mining NL is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in projects related to antimony and gold, with a market focus in Queensland, Australia.
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$2.75M
Learn more about DTM stock on TipRanks’ Stock Analysis page.