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Santana Secures Key Bendigo Lands and Royalties in $54.75M Deal

10:41am on Thursday 16th of October, 2025 AEDT Mining
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Santana Secures Key Bendigo Lands and Royalties in $54.75M Deal

10:41am on Thursday 16th of October, 2025 AEDT
Key Points
  • Acquisition of 797 hectares of mining land and 92 hectares for water infrastructure
  • NZ$54.75 million total purchase price paid in stages
  • Extinguishment of 1.25% and 1% net smelter return royalties
  • Settlement subject to regulatory approvals and project consents
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