Lunnon Metals Extends Exclusivity Period with Gold Fields
Key points
- Lunnon Metals agrees to 5-day extension of 90-day exclusivity period with St Ives Gold Mining Co.
- Parties continue to negotiate terms of sale and purchase agreement for Lady Herial gold deposit processing
- Extension to end on 19 September 2025
Full summary
Lunnon Metals Limited (ASX: LM8) has announced that it has agreed to a 5-day extension of the 90-day exclusivity period with its major shareholder, St Ives Gold Mining Co. Pty Ltd (SIGM), owner and operator of the St Ives gold mine and a wholly owned subsidiary of Gold Fields Ltd. The exclusivity period, which was originally announced on 17 June 2025, will now end at 5.00pm AWST on Friday 19 September 2025. Both parties have been, and continue to, work collaboratively to negotiate the terms of a sale and purchase agreement relating to processing of the Lady Herial gold deposit at SIGM's Lefroy gold plant.
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