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The latest announcement is out from Albion Resources Ltd. ( (AU:ALB) ).
Albion Resources Limited has entered into a binding agreement to sell its Mongers Lake Project to Capricorn Metals for A$1.5 million, with additional contingent milestone payments of up to A$1.5 million. This strategic move allows Albion to concentrate on its core Yandal West Gold Project, providing upfront funding and potential future gains while reducing costs and obligations associated with Mongers Lake.
More about Albion Resources Ltd.
Albion Resources Limited is a company operating in the mining industry, focusing on gold exploration and development projects. Its primary market focus is on high-grade gold projects, particularly the Yandal West Gold Project in Western Australia.
Average Trading Volume: 1,129,767
Technical Sentiment Signal: Buy
Current Market Cap: A$12.53M
See more data about ALB stock on TipRanks’ Stock Analysis page.