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Substantial Acquisition Significantly Expands Mt Sholl Ni-Cu-PGE Project

Substantial Acquisition Significantly Expands Mt Sholl Ni-Cu-PGE Project
investingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investingnews.com Daily Mail and Mail on Sunday newspapers.

Pacton Vends Remaining 25% in Certain Pilbara Properties

Pacton Vends Remaining 25% in Certain Pilbara Properties
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Pacton Gold: Pacton Vends Remaining 25% in Certain Pilbara Properties

Pacton Gold: Pacton Vends Remaining 25% in Certain Pilbara Properties Company or Pacton ) is pleased to announce that it has entered into an agreement to vend the remaining 25% interest it holds in three of its properties within its Western Australian Pilbara portfolio. The Company has entered into an asset sale agreement (the Agreement ) with Pilbara Gold Corporation Pty Ltd ( PGC ) and Raiden Resources Limited, whereby PGC agrees to purchase 25% of the Arrow, Yandicoogina and Boodalyerrie gold properties (the Properties ) (Figure 1). (ASX: RDN) ( Raiden ), recently acquired all the issued shares of PGC. Raiden will assume the consideration under the Agreement on behalf of PGC as the parent entity.

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