Latest Tax Indemnity News

Triton Minerals has resolved disputes with NQM Gold 2 and confirmed the completion date for the sale of its Mozambique graphite assets, setting the stage for the final payment and legal closure.

Adelong Gold Limited has received a $1.17 million tax indemnity claim linked to alleged fraudulent GST reporting at Challenger Mines, which it plans to dispute. The claim stems from activities predating the current management team.

Adelong Gold has finalised the sale of its remaining 49% interest in Challenger Mines to Great Divide Mining, receiving 10 million GDM shares and retaining a capped royalty on future gold production.

Great Divide Mining has settled its dispute with Adelong Gold Limited, paving the way for full ownership of Challenger Mines and marking a key milestone in its transition to producer status.

Adelong Gold Limited has agreed to sell its remaining 49% stake in Challenger Mines to Great Divide Mining for 10 million shares valued at approximately AUD 3.1 million, while retaining a 1% royalty on future gold production.

Diatreme Resources has sold its Clermont Project subsidiaries to Moonlight Resources, receiving shares and cash, while offering its shareholders a priority IPO opportunity with free options.