Western Gold Resources Streamlines with Swedish Asset Sale

Western Gold Resources Ltd. (AU:WGR) has released an update.

Western Gold Resources Ltd. has announced the sale of four Swedish properties, spanning over 32,000 hectares, to a Canadian company for CAD $180,000 and a 2% royalty interest. This move aims to concentrate the company’s efforts on its primary Australian operations while still benefiting from any future yields from the divested assets. The completion of this deal is imminent, pending regulatory and third-party approvals.

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