Gold Mountain has entered into a binding agreement with Golden Crane Mining to sell its exploration licences in Papua New Guinea for A$2 million. Golden Crane will pay a $300,000 deposit, of which $100,000 is only refundable in the event of breach of certain information warranties given prior to the agreement being signed. It will pay a further $1,100,000 following…
Read MoreGold Mountain offloads PNG licenses
