SFR 0.59% $10.27 sandfire resources limited

News: SFR Talisman Mining Proposes Sale Of Interest In Springfield JV To Sandfire

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    Aug 8 (Reuters) - Talisman Mining Ltd (TLM) :

    • PROPOSED SALE OF TALISMANS INTEREST IN THE SPRINGFIELD JV,SFR-TLM.AX
    • AT COMPLETION OF PROPOSED TRANSACTION, TALISMAN IS TO RECEIVE NET CASH FROM SANDFIRE EQUAL TO A$72.3 MILLION
    • SIGNED CONDITIONAL SHARE SALE AGREEMENT WITH SANDFIRE RESOURCES NL FOR PROPOSED SALE OF TALISMAN'S 30% INTEREST IN SPRINGFIELD JV
    • TALISMAN, TALISMAN A AND SANDFIRE HAVE ALSO EXECUTED A NET SMELTER RETURN ROYALTY DEED
 
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