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Matsa Resources Limited (ASX:MAT)

ALERT: Price-sensitive ASX Announcement for MAT
Current share price for MAT : $0.062 -0.053 (-46.09%)+
Announcement
Release
9 Dec 2025 9:06AM
Price at Release
$0.115
Full Release
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Summary
Matsa Resources Limited announced that it received a payment of A$1.5M as an option fee from AngloGold Ashanti Australia Limited for the Lake Carey Gold Project. This payment is the second installment required to continue the option under the Tenements Option Agreement. The payment was made earlier than its due date of 20 December 2025. Matsa previously received an initial option fee and a reimbursement of tenement-related costs, totaling $5.7M. So far, Matsa has received a total of $7.2M from AngloGold Ashanti. Another A$1.5M payment is due by 20 June 2026 unless AngloGold Ashanti withdraws from the option during the Option Fee Period.
Key Points
  • Matsa received A$1.5M option fee from AngloGold Ashanti.
  • Payment is part of the Tenements Option Agreement.
  • AngloGold Ashanti made an early payment before the due date.
  • Matsa received a total of $7.2M including previous reimbursements.
  • Next A$1.5M payment due by 20 June 2026.
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.