Beacon Minerals Limited (AU:BCN) has released an update.
Beacon Minerals Limited has successfully met all conditions precedent for their Earn-In, JV, and Tenement Transfer Agreement, allowing subsidiary Beacon Mining to acquire up to a 50% stake in the Lady Ida Project. The company has formed an unincorporated joint venture with Lamerton Pty Ltd and Geoda Pty Ltd, and with the appointment of Mr. Brett Hodgins as a new independent Non-Executive Director, they are ready to proceed with the development of the project.
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