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Fitzroy Unlocks A$17.5m From Long-Dormant Bowdens Royalty
9:37am on Monday 21st of September, 2026 AEST
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Mining
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Fitzroy Unlocks A$17.5m From Long-Dormant Bowdens Royalty
9:37am on Monday 21st of September, 2026 AEST
Key Points
A$10 million cash and A$7.5 million in Silver Mines shares
2% net smelter royalty to be extinguished at completion
Silver Mines must complete an equity placement of at least A$50 million
Fitzroy plans to return net proceeds to shareholders
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Fitzroy River Corporation (ASX:FZR)
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