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Company News Summary

Westgold Resources Announces the Completion of Sale of HGO

12 Jun 2019  |  10:32:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Completion of Sale of HGO

Westgold Resources referred to its previous announcement of 13 May 2019 regarding the sale of the Higginsville Gold Operations (HGO) to RNC Minerals (RNC). The Company advised that completion of the sale of HGO to RNC has occurred. Total consideration for the sale is A$50m with the Company receiving 50% of the total consideration in cash and 50% of the total consideration in RNC shares.

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