Metal Bank Ltd
Metal Bank Acquires Hastings Technology Metals’ WA Gold Assets for $2.3 Million
Gold-focused junior Metal Bank (ASX: MBK) will acquire the Western Australian exploration assets of Hastings Technology Metals (ASX: HAS) for $2.3 million consideration by way of a share placement. The deal will include the Whiteheads project in the eastern goldfields (held through Hasting’s subsidiary Great Western Gold), the Ark project in the Gascoyne region (held […]
Kingston Resources receives $1.5m milestone payment for Livingstone sale to Metal Bank
Kingston Resources’ (ASX: KSN) cash pile has improved after the company received a $1.5 million milestone payment as part of the sale of its Livingstone gold project to Metal Bank (ASX: MBK) last year. Metal Bank purchased Livingstone in December last year for a total consideration of $10 million – comprising a $2.5 million up-front […]
Kingston Resources to complete Mineral Hill mine acquisition after Livingstone sale settled
Kingston Resources (ASX: KSN) is now moving ahead to become a gold producer after receiving the first $3.5 million for the sale of its long held Western Australian Livingston gold project. Kingston, which also has its flagship Misima gold project in Papua New Guinea, last month revealed it is buying the central New South Wales […]
Kingston Resources sells Livingstone gold project to Metal Bank for $10m
Australian explorer Kingston Resources (ASX: KSN) has agreed to sell its 75% interest in the Livingstone gold project in Western Australia to Metal Bank (ASX: MBK) for a total consideration of up to $10 million. The transaction will see Kingston realise significant value for exploration work completed at the project to date, while retaining exposure to any future exploration […]