Bass gets a buyer

EMBATTLED Tasmanian miner Bass Metals is selling its Hellyer Mill operations to Singapore-listed LionGold for $A13.5 million in a move which will eliminate the company’s debt and revive it with cash to explore the Tasmanian tenements for new project opportunities.

Bass gets a buyer Bass gets a buyer Bass gets a buyer Bass gets a buyer Bass gets a buyer

The consideration for the binding share sale agreement is payable in two equal instalments; the first on settlement around mid-August and the second 30 days thereafter.

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