middle.news
Why Lode Resources Sold Webbs Consol for $3.75M Cash and 15% Rapid Stake
9:25am on Monday 1st of September, 2025 AEST
•
Mining
Read Story
Why Lode Resources Sold Webbs Consol for $3.75M Cash and 15% Rapid Stake
9:25am on Monday 1st of September, 2025 AEST
Key Points
Binding agreement to divest Webbs Consol silver project to Rapid Critical Metals
Lode to receive A$3.75 million cash plus 115 million Rapid shares (15.3% ownership)
Lode retains 2% net smelter royalty on Webbs Consol
Consolidation creates a combined high-grade silver resource with operational synergies
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Lode Resources (ASX:LDR)
OPEN ARTICLE