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MGX Resources Agrees $20.2 Million Koolan Island Sale with Revenue Share Upside
9:09am on Thursday 11th of June, 2026 AEST
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MGX Resources Agrees $20.2 Million Koolan Island Sale with Revenue Share Upside
9:09am on Thursday 11th of June, 2026 AEST
Key Points
Sale of Koolan Island operation for $20.2 million plus revenue share
Crestlink to assume $30 million rehabilitation obligations
MGX pivots to Central Tanami Gold Project development
Completion targeted late 2026, subject to FIRB and ACCC approvals
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