Australian Vanadium LimitedASX: AVL

AVL to Sell Precious and Base Metal Rights

· Issued by Australian Vanadium Limited

Filed with ASX · · 14 pages · English

Ø 100% equity in the Peak Hill Project located in the Bryah Basin. • Sales Consideration is: Ø 5,000,000 shares in Bryah Resources Limited, and Ø a 0.75% Net Smelter Return royalty upon commencement of production. • Bryah Resources Limited is planning to list on ASX in the coming months. AVL to hold a 7 - 9% stake in Bryah Resources Limited upon listing. • AVL shareholders to be given priority opp

Australian Vanadium Limited on 6ix

Earlier from Australian Vanadium

Later from Australian Vanadium

All Australian Vanadium news releases