Brief: Capella Minerals Ltd Provides Update On Sierra Blanca Divestiture
10/12/2021 14:15
Dec 10 (Reuters) - Capella Minerals Ltd CMIL.V :
* CAPELLA MINERALS LTD PROVIDES UPDATE ON SIERRA BLANCA
DIVESTITURE
* CAPELLA MINERALS LTD- AUSTRAL GOLD COMPLETED "TRANCHE 1"
EXPLORATION INVESTMENT REQUIRED TO EARN-IN TO AN INITIAL 51%
INTEREST IN SIERRA BLANCA SA
* CAPELLA MINERALS LTD- AUSTRAL GOLD MAY NOW INVEST A
FURTHER USD
$600,000 IN EXPLORATION AT SIERRA BLANCA PROJECT OVER NEXT TWO
YEARS
* CAPELLA MINERALS LTD- AUSTRAL RETAINS OPTION TO ACQUIRE
REMAINING 20% INTEREST IN SBSA FOR ADDITIONAL TWO-YEARS, AFTER
TWO YEAR INVESTMENT IN SBSA
Source text for Eikon: ID:nCNWHzjRpa
Further company coverage: CMIL.V
((Reuters.Briefs@thomsonreuters.com;))
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