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Red Hill converts Pannawonica into a potential royalty stream

8:26am on Tuesday 10th of November, 2026 AEDT • Mining
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Red Hill converts Pannawonica into a potential royalty stream

8:26am on Tuesday 10th of November, 2026 AEDT
Key Points
  • Arrow receives a 12-month exclusive option over seven Pannawonica tenements
  • $150,000 option fee payable in Arrow shares
  • $1 million completion payment in cash or shares if the option is exercised
  • Red Hill retains a 1.5% gross revenue royalty over project iron ore sales
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