Shree Minerals Limited (AU:CTN) has released an update.
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Dreadnought Resources has entered into a binding agreement to sell its Evanston and Yerilgee Projects to Catalina Resources for $250,000, 72.5 million shares in Catalina, and potential future payments tied to resource findings. This strategic divestment allows Dreadnought to focus on its gold projects at Mangaroon and aims to strengthen its position as a self-funded explorer. Investors may find interest in Dreadnought’s ongoing commitment to gold exploration and its leveraged stake in Catalina.
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