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Beacon Minerals Limited ( (AU:BCN) ) has shared an announcement.
Beacon Minerals Limited has executed an amendment and novation deed regarding the Geko Tenements, originally acquired in December 2022. The agreement involves novating the Tenement Sale Agreement to Geko Explore, extending the completion date, and setting terms for a 4% royalty on gold mined above a certain threshold. These changes could impact Beacon’s operational strategy and potential joint ventures, reinforcing its industry position and stakeholder relationships.
More about Beacon Minerals Limited
Beacon Minerals Limited is a mining company focused on mineral exploration and production, particularly in the gold mining sector. The company is involved in various mining projects and aims to enhance its portfolio through strategic acquisitions and collaborations within the industry.
YTD Price Performance: 15.00%
Average Trading Volume: 2,487,398
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$97.21M
For an in-depth examination of BCN stock, go to TipRanks’ Stock Analysis page.
