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Why Did OZZ Grant Scorpion a $2.5M Option on Maguires Reward?
4:02pm on Thursday 22nd of January, 2026 AEDT
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Why Did OZZ Grant Scorpion a $2.5M Option on Maguires Reward?
4:02pm on Thursday 22nd of January, 2026 AEDT
Key Points
Binding option agreement signed with Scorpion Minerals for Maguires Reward project
Initial $100,000 option fee received; $2.5 million consideration contingent on conditions
Shareholder approval required due to disposal of main undertaking
Limited exploration activity across key projects during the quarter
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