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Tivan Limited ( (AU:TVN) ) has issued an announcement.
King River Resources Ltd (ASX:KRR) has successfully completed the sale of its Speewah Project to Tivan Limited (ASX:TVN) for a total of $20 million. The transaction included an equal split of $10 million in Tivan shares and $10 million in cash payments. The final cash payments were completed by December 2024, and the share price condition was met, so no additional shares were issued to KRR. Both companies have now executed a Deed of Release, finalizing all contractual obligations, and KRR has released its security over the project.
More about Tivan Limited
YTD Price Performance: 3.39%
Average Trading Volume: 6,302
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $140.5M
For detailed information about TVN stock, go to TipRanks’ Stock Analysis page.