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Matsa Secures A$113M AngloGold Option as Gold Prices Surge
9:59am on Monday 23rd of June, 2025 AEST
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Mining
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Matsa Secures A$113M AngloGold Option as Gold Prices Surge
9:59am on Monday 23rd of June, 2025 AEST
Key Points
Option agreement with AngloGold Ashanti now unconditional
Initial A$4.5 million payment received by Matsa
18-month option period commenced with two further payments scheduled
Potential acquisition valued at approximately A$113 million based on current gold prices
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