Brief: First Au Reached Agreement With Octava Minerals To Divest Its Minority Interest In Talga Project

First Au

11/09/2023 01:49

Sept 11 (Reuters) - First Au Ltd  FAU.AX :
    * FIRST AU LTD- REACHED AGREEMENT WITH OCTAVA MINERALS TO
DIVEST
ITS MINORITY INTEREST IN TALGA PROJECT
    * FIRST AU- DIVESTS NON-CORE ASSET FOR CONSIDERATION OF
A$200,000
CASH, 1.2 MILLION FULLY PAID ORDINARY SHARES IN OCT AND A NET
SMELTER ROYALTY  OF 0.75%
    * FIRST AU LTD-SALE IS CONSISTENT WITH FIRST AU'S STRATEGY
TO
REALISE VALUE FROM ITS NON-CORE ASSETS.

Source text for Eikon:  ID:nASXbwVzQs 
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