InvestSMART

Dart Mining NL (ASX:DTM)

ALERT: Price-sensitive ASX Announcement for DTM
Current share price for DTM : $0.015 -0.003 (-16.67%)+
Release
9 Jun 2026 9:18AM
Price at Release
$0.018
Full Release
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Summary
Dart Mining NL announced it has entered a binding sale and purchase deed with Indigo Metals Limited for the sale of the Mt Unicorn, Sandy Creek, Tallandoon, and Corryong projects. The transaction, valued at $7.1 million, involves a combination of cash and Indigo shares and is structured to coincide with Indigo's proposed IPO and ASX listing. Dart Mining will retain a 2.5% Net Smelter Revenue Royalty on the Sandy Creek and Tallandoon projects. Completion of the transaction is contingent upon the successful listing of Indigo on the ASX and obtaining necessary shareholder approvals.
Key Points
  • Dart Mining NL enters into a binding sale and purchase deed with Indigo Metals Limited.
  • The sale involves the Mt Unicorn, Sandy Creek, Tallandoon, and Corryong projects for $7.1 million.
  • The transaction is a combination of cash and Indigo shares.
  • DTM retains a 2.5% Net Smelter Revenue Royalty on Sandy Creek and Tallandoon projects.
  • The agreement is part of Indigo's proposed initial public offering (IPO) and ASX listing.
  • Completion of the transaction depends on Indigo's ASX listing and shareholder approval.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.