Mt Sholl Option Agreement for up to $2.25m plus Free Carry
Filed with ASX · · 6 pages · English
Summary by 6ix AI
The agreement allows Forgent to acquire the interest within a specified period, subject to customary conditions and regulatory approvals. This transaction is part of Raiden's strategy to divest non-core assets while retaining exposure to the project's underlying commodities. Raiden will also benefit from a cash payment upon the exercise of the option, enhancing its financial position.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Raiden Resources Limited on 6ix
Story so far
Earlier from Raiden Resources
- New Multi-Kilometre Trends Expand Vuzel Gold Potential
- Quarterly Activities/Appendix 5B Cash Flow Report
- Significant Gold Tailings Reprocessing Opportunity Secured
- Vuzel IP Survey Generates untested Gold and Silver targets
- Raiden Retains 100% of Mt Sholl Project
Later from Raiden Resources
- Crixas Environmental Studies Completed and Resubmitted
- Appendix 4G
- Annual Report 30 June 2026
- AGM Date and Closing Date for Nominations
- Completion of Unmarketable Parcel Sale Facility
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