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Moho Resources Amends Empress Springs Sale Agreement

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Moho Resources Ltd. ( (AU:MOH) ) just unveiled an announcement.

Moho Resources Ltd has amended the terms of its sale agreement for the Empress Springs Project with Qld Aus Graphite Pty Ltd. The revised agreement includes a cash payment of $408,500 upon completion and an additional $300,000 payment one year later, with the cancellation of a previously agreed Royalty Deed. This transaction aligns with Moho’s strategy to monetize non-core assets while exploring new opportunities for shareholder benefit.

More about Moho Resources Ltd.

Moho Resources Ltd is a company operating in the mining industry, primarily focusing on the exploration and development of mineral resources. The company is committed to realizing value from non-core assets and seeking new project opportunities to benefit its shareholders.

Technical Sentiment Signal: Buy

Current Market Cap: A$2.19M

See more insights into MOH stock on TipRanks’ Stock Analysis page.

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