AuStar Gold completes sale of the Norton Project

Company News

by Rachael Jones

AuStar Gold (ASX:AUL) have legally completed the Company’s sale of its 90 per cent interest in the Norton Project.

The Company has received $475,000 in cash being the final balance outstanding of the agreed purchase price of $525,000.

This transaction concludes AuStar’s non-core asset sale program, which has realised over 1 million dollars in cash for the Company.

AuStar is focused on the return to production of the Morning Star mine - an advanced high-grade gold project.

Shares in AuStar Gold (ASX:AUL) are trading flat at 0.7c.
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.