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Great Divide Mining Resolves Dispute and Acquires Challenger Mines

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Great Divide Mining Resolves Dispute and Acquires Challenger Mines

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The latest announcement is out from 3D Resources Limited ( (AU:ADG) ).

Great Divide Mining Ltd has resolved its dispute with Adelong Gold Limited regarding its 51% interest in Challenger Mines Pty Ltd. The resolution includes modifications to the Share Sale and Purchase Agreement, such as replacing the buy-back option with a right of first offer for Consideration Shares. Additionally, tax indemnities and cooperation terms have been documented. The completion of these transactions is expected by early 2026, impacting GDM’s operations and potentially enhancing its industry positioning.

More about 3D Resources Limited

Great Divide Mining Limited is an Australian explorer focused on gold, antimony, and critical metals, operating across four projects and eleven tenements in Queensland. The company aims to develop assets in historically mined areas with existing infrastructure for rapid project advancement and cost efficiency. Key projects include Yellow Jack, Coonambula, Devils Mountain, and Cape.

Average Trading Volume: 16,717,099

Technical Sentiment Signal: Sell

Current Market Cap: A$23.1M

For a thorough assessment of ADG stock, go to TipRanks’ Stock Analysis page.

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