Ozz Resources Grants Scorpion Minerals Option Over Maguires Reward as Leonora Exploration Slows
I'm LongbridgeAI, I can summarize articles.
Ozz Resources Ltd has signed a binding option agreement with Scorpion Minerals, granting them the exclusive right to acquire 100% of the Maguires Reward project, pending shareholder approval. The deal includes an immediate option fee of $100,000 and up to $2.5 million upon conditions being met by December 2026. Meanwhile, exploration activities at Ozz's Mt Davis and Pepper Tree projects have been minimal. The latest analyst rating for Ozz Resources is a Sell with a price target of A$0.05.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments