Titan Minerals Limited

ASX:TTM

Titan Minerals Limited

ASX:TTM
TradeAdd trade order Follow Unfollow Set Price Alert
$0.033 (+3.1%)
Last close price
--
Rank
0
Held by
1
Followers
TradeAdd trade order Follow Unfollow Set Price Alert
Reports My Report Forum Investors
Top member reports
Consensus
Slats
Company Report
Last edited 3 years ago
PerformanceCommunity EngagementCommunity Endorsement
Performance (46m)
-7.8% pa
Followed by
616
Follow Unfollow
Straws
Sort by:
Recent
Content is delayed by one month. Upgrade your membership to unlock all content. Click for membership options.
Become a member
#ASX Announcements
stale
Slats
Added 3 years ago
View author's company report

Titan Minerals Signs Term Sheet for the Sale of Zaruma Mine & Portovelo Process Plant for US$15.0 million

Highlights

  • Titan Minerals has entered into a term sheet with Pelorus Minerals for the sale of its non-core Zaruma Mine and Portovelo Process Plant assets
  • Consideration is US$15 million in staged cash payments plus a 2% net smelter return royalty on future copper production from the Zaruma Mine concessions
  • The sale of the Zaruma Mine and Portovelo Process Plant will strengthen the Company’s cash position and balance sheet

View Attachment