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Fitzroy River Nets A$12.27M as Tasman Moves on Snowy River Royalty
9:02am on Monday 30th of March, 2026 AEDT
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Mining
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Fitzroy River Nets A$12.27M as Tasman Moves on Snowy River Royalty
9:02am on Monday 30th of March, 2026 AEDT
Key Points
Tasman Mining pays A$12.27 million to Fitzroy for Snowy River royalty option
Royalty buyout price indexed to CPI from a 1991 baseline value
Funds held in escrow pending confirmation of 'decision to mine' status
Snowy River Gold Project development progressing under Tasman’s control
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FITZROY RIVER CORPORATION (ASX:FZR)
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