Macro Metals LimitedASX: M4M

Binding Agreement for Sale of Agbaja Iron Ore Project

· Issued by Macro Metals Limited via ASX

Filed with ASX · · 4 pages · English

Summary by 6ix AI

Macro Metals Limited has executed a binding agreement for the sale of its Agbaja Iron Ore Project in Nigeria. The total purchase price is structured on a cash-free, debt-free basis, with expected net proceeds to Macro after transaction costs. The sale allows Macro to focus on its mining services and resource development businesses in Western Australia.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

Release

ASX Announcement 2 November 2026 Macro executes Binding Agreement for Sale of the Agbaja Iron Ore Project, Nigeria Highlights ? Binding agreement executed for the sale of 100% of the shares in KCM Mining Limited, registered owner of the Agbaja Iron Ore Project in Kogi State, Nigeria ? Buyer is...

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