Argent Minerals Limited (ASX:ARD) is pleased to announce it has reached agreement with Golden Cross Resources Ltd (GCR) to acquire GCR’s 30% interest in the Kempfield Silver Project. As a result, Argent is now entitled to 100% of the project.
Executive Chairman Kerry McHugh said “the acquisition of the remaining interest in the project from GCR will enhance shareholder value by providing additional exposure to the project and simplify management. It will also assist in facilitating the approvals process and Argent’s ability to arrange debt and equity financing.”
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