CAPITAL MARKETS

Silver Lakes closes out Harte gold hedge and signs off on half-year

SILVER Lake Resources has closed out Harte Gold's US$24.8 million out-of-the-money hedge book while contemporaneously entering into a $22 million gold payment agreement for 11,928 ounces to be delivered over the next 12 months at an average price $1844/oz.

Silver Lakes closes out Harte gold hedge and signs off on half-year

It has also finalised the $22 million scrip acquisition of the net smelter royalty over gold production from Harte's Sugar Zone operation and property in Ontario. Those two deals came on top of the...

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