M&A

Marindi another divesting Pilbara conglomerate gold ground

MARINDI Metals is selling its Pilbara conglomerate gold ground to focused TSX-V listed explorer Pacton Gold to concentrate on its Forrestania lithium-gold play in southern Western Australia.

 Nuggest found on the Bellary Dome ground being acquired by Pacton.

Nuggest found on the Bellary Dome ground being acquired by Pacton.

Marindi will get C$2 million cash and shares equivalent to a 9.9% stake in the Canadian company as consideration for its Bellary Dome tenements, with subsequent milestone payments totalling $2 million...

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