RDG and Bullseye team up to form new company

DIVERSIFIED services provider Resource Development Group has agreed to invest up to A$15 million in a spin-off of Red 5 takeover target Bullseye Mining.

RDG and Bullseye team up to form new company RDG and Bullseye team up to form new company RDG and Bullseye team up to form new company RDG and Bullseye team up to form new company RDG and Bullseye team up to form new company

Bullseye drilling in the Goldfields

RDG will invest the cash in instalments over a timeframe yet to be agreed to hold 30% of the new company.

The new entity will hold 36sq.

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