Brief: GTI Resources Executes Agreement For Sale Of Its Niagara Gold Project

American Uranium

03/02/2022 01:13

Feb 3 (Reuters) - GTI Resources Ltd  GTR.AX :
    * EXECUTED A BINDING TENEMENT SALE & PURCHASE AGREEMENT FOR
SALE
OF ITS NIAGARA GOLD PROJECT
    * GTI TO DIVEST NIAGARA GOLD PROJECT VIA SPIN OUT IPO
    * REGENER8 RESOURCES INTENDS TO UNDERTAKE AN IPO TO RAISE 
A$4.5M
TO A$5.5M AT A SHARE PRICE OF 20 AU CENTS PER SHARE
    * GTI TO RECEIVE 5M ORDINARY R8R SHARES

Source text for Eikon:  urn:newsml:reuters.com:*:nASX5lVQ7C
Further company coverage:  GTR.AX 

 ((Reuters.Briefs@thomsonreuters.com;))