Aus Tin Mining Limited (AU:C7A) has released an update.
Savannah Goldfields Ltd has amended the sale terms of its Ashford Coking Coal Project to Clara Resources Australia Ltd, increasing total consideration and adjusting payment timelines. The revised deal includes upfront cash payments, shares in Clara, and a retained royalty interest, enhancing value for Savannah shareholders while focusing the company on its gold projects. The completion date for the sale has been extended, with options for further delay upon additional payments.
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