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King River Resources Completes Sale of Speewah Project for $20 Million

Story Highlights
  • King River Resources has finalized the sale of its Speewah Project to Tivan Limited.
  • The sale signifies the completion of all contractual obligations and security arrangements between the companies.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
King River Resources Completes Sale of Speewah Project for $20 Million

An update from King River Resources Limited ( (AU:KRR) ) is now available.

King River Resources Limited has finalized the sale of its Speewah Project to Tivan Limited for a total consideration of $20 million, which included shares and cash payments. The completion of this sale marks the end of all contractual obligations and security arrangements between the two companies, highlighting a significant transition for King River Resources in its operational strategy.

More about King River Resources Limited

King River Resources Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company’s primary interests include projects in the Kimberley region of Western Australia, with a market focus on mining ventures such as the Speewah Project.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €10.18M

See more data about KRR stock on TipRanks’ Stock Analysis page.

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