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Medallion Metals Advances Forrestania Acquisition with 1.5% Gold Royalty Deal
3:21am on Monday 2nd of June, 2025 AEST
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Mining
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Medallion Metals Advances Forrestania Acquisition with 1.5% Gold Royalty Deal
3:21am on Monday 2nd of June, 2025 AEST
Key Points
Medallion to acquire 100% legal and beneficial interest in Forrestania assets
IGO retains nickel and lithium mining rights with access and logistical support
Medallion grants IGO a 1.5% net smelter return royalty on future gold production
Transaction completion contingent on final investment decision and financing
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