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ATAA Spins Out Drummond Basin Gold Assets in $6M King Metals IPO

10:11am on Tuesday 23rd of December, 2025 AEDT Mining
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ATAA Spins Out Drummond Basin Gold Assets in $6M King Metals IPO

10:11am on Tuesday 23rd of December, 2025 AEDT
Key Points
  • Spin-out of Drummond Basin and NSW gold assets into King Metals Limited
  • King Metals to raise $4.5–6 million via IPO at $0.20 per share
  • ATAA to focus on US antimony projects post-demerger
  • Experienced board including ATAA chairman to lead King Metals
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