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How Will Zenith Minerals Deploy A$830K From Turkish Asset Sale?

8:29am on Friday 18th of July, 2025 AEST Mining
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How Will Zenith Minerals Deploy A$830K From Turkish Asset Sale?

8:29am on Friday 18th of July, 2025 AEST
Key Points
  • Turkish regulator MAPEG approves Kavaklitepe share transfer
  • Sale of 20% interest to Gübretaş valued at US$543,000 secured by bank guarantee
  • Completion and payment expected imminently, final condition precedent met
  • Proceeds to fund exploration at Consolidated Dulcie and Red Mountain projects
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