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Alchemy Resources Seals Game-Changing Iron Ore Deal with Newcam

9:27am on Thursday 16th of October, 2025 AEDT Mining
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Alchemy Resources Seals Game-Changing Iron Ore Deal with Newcam

9:27am on Thursday 16th of October, 2025 AEDT
Key Points
  • Newcam to earn 60% interest in Bryah Iron Ore assets
  • Alchemy retains 40% free-carried interest until decision to mine
  • Initial $500,000 option fee plus $500,000 on option exercise
  • Newcam subscribes to 10 million shares at 127% premium
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