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Why Did LCL Resources Raise Its Colombian Gold Asset Sale Price to $14M?

3:06am on Monday 2nd of June, 2025 AEST Mining
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Why Did LCL Resources Raise Its Colombian Gold Asset Sale Price to $14M?

3:06am on Monday 2nd of June, 2025 AEST
Key Points
  • Total sale consideration increased from $2.5M to $14M
  • Payment schedule revised with $6.5M payable at first gold pour
  • 'Stay Private' option removed from agreement
  • Shareholder vote scheduled at upcoming AGM, delayed pending ASX approval
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