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Eastern Metals Unlocks Value with Browns Reef Sale and Share Distribution
12:41pm on Tuesday 5th of August, 2025 AEST
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Eastern Metals Unlocks Value with Browns Reef Sale and Share Distribution
12:41pm on Tuesday 5th of August, 2025 AEST
Key Points
Binding agreement signed for sale of Browns Reef Project tenements
Transaction includes cash deposit and payment in Australian Gold and Copper shares
EMS shareholders to receive in-specie distribution of AGC shares valued at A$700,000
Sale requires shareholder approval expected in September 2025
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Eastern Metals (ASX:EMS)
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