iTech Energy Finalizes Acquisition of Reynolds Range

ITech Minerals LTD (AU:ITM) has released an update.

Prodigy Gold NL has successfully completed the sale of its Reynolds Range project to iTech Energy, a subsidiary of iTech Minerals Ltd, with all conditions met for the two binding Tenement Sale and Purchase Agreements. The strategic divestment aligns with Prodigy Gold’s focus on its core gold projects in the Tanami North area and includes a royalty agreement, ensuring participation in future successes of the project. The Reynolds Range area, which is well-connected to infrastructure, holds prospects rich in gold, copper, and silver.

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