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Eastern Metals Nets $220K Selling Thomson Project Royalty to Red Hill Minerals
9:20am on Monday 5th of May, 2025 AEST
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Mining
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Eastern Metals Nets $220K Selling Thomson Project Royalty to Red Hill Minerals
9:20am on Monday 5th of May, 2025 AEST
Key Points
Sale of 1.5% net smelter royalty on Thomson Project to Red Hill Minerals
Transaction value of $220,000 cash plus GST
Royalty originally granted by Legacy Minerals after June 2024 asset divestment
Completion contingent on due diligence and execution of legal agreements
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