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Venari Metals Divests Georgina Basin IOCG Project to Alien Minerals

8:16am on Tuesday 7th of July, 2026 AEST Mining
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Venari Metals Divests Georgina Basin IOCG Project to Alien Minerals

8:16am on Tuesday 7th of July, 2026 AEST
Key Points
  • Sale of 100% Georgina Basin IOCG Project to Alien Minerals
  • Consideration includes A$386,000 cash and shares plus R&D tax refunds
  • 12-month technical services agreement with Alien Minerals
  • Accounting loss of approximately $5.9 million to be recognised
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