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High Peak Grants Massive Metals Option to Buy Admiral Bay Royalty for Up to A$2 Million

9:18am on Friday 17th of April, 2026 AEST Mining
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High Peak Grants Massive Metals Option to Buy Admiral Bay Royalty for Up to A$2 Million

9:18am on Friday 17th of April, 2026 AEST
Key Points
  • Exclusive 12-month call option granted for A$1.2 million exercise price
  • Immediate A$50,000 option fee received by High Peak
  • Potential 12-month extension available for A$200,000 additional fee
  • Transaction supports Massive Metals’ consolidation strategy at Admiral Bay
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