BRIEF-Emmerson Resources Says Market Update On Takeover Of Tennant Creek JV Partner

Reuters
14 Nov 2024
BRIEF-Emmerson Resources Says Market Update On Takeover Of Tennant Creek JV Partner

Nov 14 (Reuters) - Emmerson Resources ERM.AX:

  • MARKET UPDATE ON TAKEOVER OF TENNANT CREEK JV PARTNER

  • ADVISED THAT FROM TCMG'S PERSPECTIVE PROPOSED TRANSACTION WILL NOT CHANGE TCMG'S APPROACH TO JOINT VENTURE ARRANGEMENTS

  • TO RECEIVE 6% PRODUCTION ROYALTY AND MINIMUM 3,600OZ GOLD REVENUE BY MAY 2026

Further company coverage: ERM.AX

((Reuters.Briefs@thomsonreuters.com;))

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