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Advertisement Galileo Resources plc has announced that it has entered into a conditional agreement with Siege Mining Ltd, in relation to the ceding of ownership and operation of the Star Zinc Project. Under the agreement, Siege has agreed to pay Galileo US$750 000 – US$200 000 in relation to the large scale exploration licence 19653-HQ-LEL, and US$550 000 for Galileo ceding its participation in the Star Zinc Project and all exploration information which it has in relation to the Star Zinc Project. Galileo will also be paid a royalty (proportion share) based on future sales of zinc from the Star Zinc Project for Galileo allowing Siege to use Galileo’s information, know-how and commercial experience in relation to the Star Zinc Project. ....
Lusaka - Zambia: UK based Galileo Resources has signed an agreement to divest the Star zinc project to local Zambian firm Siege Mining. As per the deal terms, Siege Mining ....
Zambie : Galileo Resources cède le projet Star Zinc à la société zambienne Siege Mining – Agence Afrique agenceafrique.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from agenceafrique.com Daily Mail and Mail on Sunday newspapers.
Galileo Resources PLC swtiches focus to Botswana after Star Zinc sale proactiveinvestors.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com Daily Mail and Mail on Sunday newspapers.
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