's () executive chairman Andre Labuschagne speaks to Proactive's Andrew Scott after entering into a binding agreement with () to acquire the Cracow Gold Mine in Queensland.
Aeris has agreed to pay Evolution $60 million in cash upon closing of the transaction, a deferred payment of $15 million on June 30, 2022 plus a 10% net value royalty from July 1, 2022 to June 30, 2027, capped at $50 million.
Completion of the transaction is expected to occur on June 30, 2020.
Add related topics to MyProactive
Create your account: sign up and get ahead on news and events
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...
In exchange for publishing services rendered by the Company on behalf of Aeris Resources Ltd named herein, including the promotion by the Company of Aeris Resources Ltd in any Content on the Site, the Company...
FOR OUR FULL DISCLAIMER CLICK HERE
