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Lat66 Secures A$6 Million from Sale of Greater Duchess JV Stake
8:26am on Thursday 31st of July, 2025 AEST
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Mining
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Lat66 Secures A$6 Million from Sale of Greater Duchess JV Stake
8:26am on Thursday 31st of July, 2025 AEST
Key Points
Carnaby Resources exercises Right of First Refusal to acquire Lat66’s 17.5% JV interest
Transaction valued at A$6 million, A$2 million cash plus A$4 million in Carnaby shares
Sale unlocks significant non-dilutive funding for Lat66
Funds to be redirected towards Western Australia and Finland exploration assets
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LATITUDE 66 (ASX:LAT)
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