InvestSMART

Ramelius Resources Limited (ASX:RMS)

ALERT: Price-sensitive ASX Announcement for RMS
Current share price for RMS : $3.000 -0.71 (-19.14%)+
Announcement
Release
16 Dec 2025 9:19AM
Price at Release
$3.710
Full Release
download
Summary
Bulletin Resources Limited has entered into a Tenement Sale and Purchase Agreement with Ramelius Resources Limited, selling three non-core tenements of the Lake Rebecca Gold Project for a cash consideration of $500,000. This transaction allows Bulletin to concentrate on their newly acquired 509km2 of prospective ground. Additionally, Bulletin will be reimbursed for statutory rents, rates, and taxes related to the sold tenements. The sale aids Bulletin in focusing exploration efforts on potential drill targets within the Central and Western Trends, amidst their total 773km2 of exploration tenements in the Laverton Tectonic Zone.
Key Points
  • Bulletin Resources Limited sold three non-core tenements of its Lake Rebecca Gold Project to Ramelius Resources Limited for $500,000.
  • The tenements sold are E28/2878, E28/2709, and E28/2977.
  • Bulletin will be reimbursed for statutory rents, rates, and taxes related to these tenements.
  • The sale allows Bulletin to focus on its recently acquired 509km2 tenement package.
  • Bulletin is conducting geological reviews for potential drill targets on the Central and Western Trends.
  • The Lake Rebecca Gold Project now comprises 773km2 of exploration tenements in Western Australia.
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.