Brief: First Au Reached Agreement With Octava Minerals To Divest Its Minority Interest In Talga Project
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
Further company coverage: FAU.AX
((Reuters.Briefs@thomsonreuters.com;))
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