Brief: Matsa Resources Says Resolution To Devon Joint Venture

Matsa Resources

17/11/2023 01:28

Nov 17 (Reuters) - Matsa Resources Ltd  MAT.AX :
    * RESOLUTION TO DEVON JOINT VENTURE
    * EXECUTED NON-BINDING AGREEMENT TO TERMINATE MINE
MANAGEMENT AND
PROFIT SHARING JV DEAL FOR  DEVON GOLD MINE JVA
    * MATSA WILL RETAIN 100% OWNERSHIP OF THE DEVON PIT GOLD
MINE
    * PARTIES WORKING TOWARDS BINDING AGREEMENT EXPECTED TO BE
FINALISED AND EXECUTED WITHIN 14 DAYS
    * LINDEN GOLD ALLIANCE WILL BE GRANTED A NET PROFIT SHARE IN
DEVON
GOLD MINE TO A MAXIMUM OF A$4.0 MILLION

Source text for Eikon:  ID:nASX3pwGs4 
Further company coverage:  MAT.AX 

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