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Noronex Completes Dordabis Sale, Eyes Uranium and Copper Growth

8:36am on Wednesday 11th of March, 2026 AEDT Mining
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Noronex Completes Dordabis Sale, Eyes Uranium and Copper Growth

8:36am on Wednesday 11th of March, 2026 AEDT
Key Points
  • Sale of Dordabis Project completed with total consideration of N$11.5 million
  • Final payment of N$5 million received, satisfying transaction conditions
  • JV partner Larchmont Holdings opts for 50% cash and 50% Noronex shares
  • Noronex retains 11.2% equity in Dordabis post-sale; Umino assumes majority ownership
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