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Auric Mining Limited (ASX:AWJ)

ALERT: Price-sensitive ASX Announcement for AWJ
Current share price for AWJ : $0.220 -0.04 (-15.38%)+
Announcement
Release
20 Nov 2025 8:19AM
Price at Release
$0.260
Full Release
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Summary
Auric Mining Limited has executed a Tenement Sale Agreement with Top Global Mining Pty Ltd for the acquisition of four key tenements at the Lindsay's Gold Project, located 60 km northeast of Kalgoorlie. This agreement, signed on 19 November 2025, grants Auric Mining the rights to work on tenement M27/169. A total of $300,000 has been paid to the vendors, with an additional $1,300,000 in cash and $2,000,000 in shares to be paid upon the successful resolution of outstanding litigation in the Warden’s Court. The next court hearing is scheduled for 21 November 2025. Managing Director Mark English expressed delight at completing the deal, seeing it as a significant step towards the company's goals, enhancing their portfolio in the region.
Key Points
  • Tenement Sale Agreement signed on 19 November 2025.
  • Acquisition involves four tenements at Gindalbie.
  • Auric granted rights to work on tenement M27/169.
  • $300,000 paid, with further payments contingent on court resolution.
  • Next Warden’s Court hearing on 21 November 2025.
  • Managing Director Mark English highlighted the strategic importance of the acquisition.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.