Hannans Limited (AU:RIL) has released an update.
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Hannans Limited has reached a binding agreement to sell its Forrestania Project’s shares to Viridian Capital for a total of A$400,000, with conditions to be met by January 16, 2025. The company has also terminated a previous agreement with Classic Minerals, though Classic retains a significant interest in the project’s gold rights. This strategic move could intrigue investors keeping an eye on the evolving dynamics within the mining sector.
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