Brief: Godolphin Resources Enters Into A Farm-In And Joint Venture Agreement With Ex9 Pty Ltd
March 2 (Reuters) - Godolphin Resources Ltd GRL.AX :
* ENTERED INTO A FARM-IN AND JOINT VENTURE AGREEMENT WITH
EX9 PTY
LTD
* AGREEMENT TO EARN UP TO A 75% INTEREST IN NARRABURRA RARE
EARTH
ELEMENT PROJECT
* ISSUE OF SUCCESS-BASED CO'S SHARES TO COUNTERPARTY, WITH
A$1M OF
SHARES UPON 51% EARN-IN AND A$1M OF SHARES UPON 75% EARN-IN
Source text for Eikon: ID:nASX4vGQrf
Further company coverage: GRL.AX
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Orbit Resources
See all newsAustralia's Orbit Resources gains on sulphide intersection at New South Wales project
Australia's Orbit Resources shares jump on Matrix IPO to spin off rare earths project
Australia's Godolphin eyes best day in 7 weeks after rare earths unit IPO update
Brief: Godolphin Resources Says Proposed Matrix Critical Minerals IPO To Raise A$8-12 Mln
Brief: Godolphin Resources To Divest 49% Interest In Calarie Project To Adavale Resources