The Conversation (0)
February 01, 2024
Labyrinth Resources Limited (ASX: LRL) (‘Labyrinth’ or ‘the Company’) refers to the ASX announcement dated 8 January 2024 regarding the cash sale of the Labyrinth and Denain Projects for USD$3.5M cash.
Under the terms of the Sale and Purchase Agreement (‘SPA’) with Gold Projects WA Pty Ltd (‘GPWA’), the settlement date was scheduled for 31 January 2024. The Company continues to work closely with GPWA to satisfy the key conditions of the SPA. An extension to the settlement date was mutually agreed upon to close out all items.
As such, GPWA has agreed to extend the settlement date to 16 February 2024.
The Company looks forward to updating investors on the completion of the sale within the coming weeks.
Click here for the full ASX Release
This article includes content from Labyrinth Resources, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
LRL:AU
Alert Options
No alert set
INN Article Notification
Alert Option
You will be notified when this event occurs. No additional settings needed.
31 August 2023
Labyrinth Resources
Developing underexplored gold assets in the prolific Canadian Abitibi Gold Belt and the Yilgarn Craton of Western Australia.
Developing underexplored gold assets in the prolific Canadian Abitibi Gold Belt and the Yilgarn Craton of Western Australia. Keep Reading...
11h
Top 5 Australian Mining Stocks This Week: Dateline Resources Gains 67 Percent on DoJ Backing
Welcome to the Investing News Network's weekly round-up of the top-performing mining stocks on the ASX.This week's top five gainers includes companies focused on gold, rare earths, copper and more.Read on to discover this week's top gaining Australian mining stocks on the ASX and what drove... Keep Reading...
21h
Peruvian Metals Announces Third Quarter Production at the Aguila Norte Processing Plant and Provides Sampling Update from the Tailings Area
Peruvian Metals Corp (TSXV: PER,OTC:DUVNF) (OTCQB: DUVNF) ("Peruvian Metals" or the "Company") announces third quarter production results and the start of a detailed auger drilling program on the tailings area at its 80-per-cent-owned Aguila Norte processing plant ("Aguila Norte" or the "Plant")... Keep Reading...
30 September
Kevin Smith: Gold Run Still Early, Two Paths to US$20,000 Price Target
Kevin Smith, CEO of Crescat Capital, shares his outlook for gold, including two paths it can take to reach his US$20,000 per ounce price target. He also explains why junior miners represent the biggest chance for gains. Don’t forget to follow us @INN_Resource for real-time updates!Securities... Keep Reading...
28 September
Producing Gold Now, Share Price Re-Rate Ahead? | New Found Gold's Keith Boyle
Keith Boyle of New Found Gold (TSX:NFGC,NYSEAMERICAN:NFGC) shares his thoughts on the gold market and weighs in on the company's phased approach to bringing its Newfoundland-based Hammerdown and Queensway gold assets online. "I think we're in that consolidation phase before the next leg up, and... Keep Reading...
28 September
Gold Outlook Strong, First Pour at Koné in Q4 | Montage Gold's Martino de Ciccio
Martino de Ciccio of Montage Gold (TSX:MAU,OTCQX:MAUTF) shares his thoughts on the gold market as his company prepares to pour first gold at its Koné mine in Côte d'Ivoire. "I couldn't think of a better time to be entering production than than now," he said. Don’t forget to follow us... Keep Reading...
28 September
John Feneck: Gold, Defense Metals, Energy — 7 Stocks I'm Watching
John Feneck, portfolio manager and consultant at Feneck Consulting, shares his latest thoughts on gold, including where he sees the yellow metal ending the year. While he's optimistic about 2027, he doesn't see it retaking all-time highs before then. Feneck also mentions gold, defense metals and... Keep Reading...
Latest News
Interactive Chart
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00