BRIEF-Sandfire Resources Says Execution Of Binding Term Sheet

Reuters
Nov 13, 2025
BRIEF-Sandfire Resources Says Execution Of Binding Term Sheet

Nov 13 (Reuters) - Havilah Resources HAV.AX:

  • EXECUTION OF BINDING TERM SHEET FOR KALKAROO COPPER-GOLD PROJECT, OTHERS, WITH HAVILAH RESOURCES

  • IN DEAL, SANDFIRE MAY EARN 80% INTEREST IN KALKAROO FOR A$105M UPFRONT CONSIDERATION (70% SCRIP AND 30% CASH), OTHERS

  • WILL COMMIT A$30M TO REGIONAL EXPLORATION ACROSS MINIMUM 24-MONTH PERIOD

Further company coverage: HAV.AX

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

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