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Mantle Minerals Completes $13.5M Sale of Mt Roe Subsidiary

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Mantle Minerals Completes $13.5M Sale of Mt Roe Subsidiary

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Caeneus Minerals Limited ( (AU:MTL) ) has provided an update.

Mantle Minerals Limited, a company listed on the ASX, has completed the sale of its subsidiary, Mt Roe Mining Pty Ltd, to Northern Star Resources Ltd for $13.5 million. The proceeds from this transaction will be used to advance exploration projects at Mantle’s Yule River and Pardoo sites and to evaluate new gold and base metal opportunities, potentially enhancing the company’s strategic positioning and operational focus.

More about Caeneus Minerals Limited

Current Market Cap: A$9.67M

For detailed information about MTL stock, go to TipRanks’ Stock Analysis page.

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