Azure Gains 100% Ownership of Mexican JV Properties
Azure Minerals Limited (ASX: AZS) is pleased to announce that it has reached agreement with joint venture partner Kiska Metals Corp (formerly Geoinformatics Exploration Inc) to rationalise and dissolve its Mexican Joint Venture.
Under the terms of the agreement, Azure will gain 100% ownership of five of the former joint venture projects. The remainder will revert to Kiska or be relinquished. Furthermore, as part consideration for the rationalisation, Kiska has transferred full ownership of two of its 100%-owned Mexican properties to Azure.
Azure?s Executive Chairman, Mr Tony Rovira, welcomed this agreement as providing Azure with the opportunity to accelerate the exploration and development of these properties while also bringing significant strategic advantages to the Company.
Please click on the below link to view entire release.
Yours Sincerely,
Tony Rovira
Executive Chairman
Azure Minerals Limited
~~~~~~~~~~~~~~~~~~~~~Angela Fielder Executive Assistant Azure Minerals Limited Level 1, 30 Richardson St, West Perth, WA, 6005 PO Box 493, West Perth, WA, 6872 Ph: +61 8 9481 2555 Fax: +61 8 9485 1290 Web: www.azureminerals.com.au
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Azure Minerals Ltd
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EXPLORATION STAGE |
CODE : AZS.AX |
ISIN : AU000000AZS2 |
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Azure Min. is a copper and gold exploration company based in Australia. Its main exploration properties are SAN FRANCISCO JALISCO, SAN EDUARDO, LOS CHINOS, POZO DE NACHO, EL CUERVO, EL CARNERO, LA TORTUGA-LOS NIDOS, LOS VIBORAS and PROMONTORIO HIDALGO MAGISTRAL in Mexico. Azure Min. is listed in Australia. Its market capitalisation is AU$ 6.2 billions as of today (US$ 4.1 billions, € 3.8 billions). Its stock quote reached its lowest recent point on September 04, 2015 at AU$ 0.01, and its highest recent level on November 19, 2023 at AU$ 4.37. Azure Min. has 1 672 649 984 shares outstanding. |