Brief: Strategic Energy Resources Says Executed Binding JV With Sumitomo
15/04/2026 02:32
April 15 (Reuters) - Strategic Energy Resources Ltd SER.AX: BINDING JV WITH SUMITOMO EXECUTED SUMITOMO METAL MINING OCEANIA CAN EARN UP TO 90% INTEREST IN BULIMBA GOLD PROJECT TO RECEIVE A$100,000 FARM-IN FEE AND A$600,000 MINIMUM JV EXPENDITURE IN FIRST YEAR SUMITOMO TO EARN UP TO 80% INTEREST THROUGH $A6M EXPENDITURE AND 7,500M OF DRILLING OVER 5 YEARS Further company coverage: SER.AX ((Reuters.Briefs@thomsonreuters.com;))
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