Shree Minerals to sell stake in Arunta JV to MetalsGrove ...
2022-1-10 · According to the sale and purchase agreement (SPA), Shree Minerals will sell its rights, title and interest in the farm-in, as well as the joint venture and shareholder agreement, to MetalsGrove. In exchange, MGM will pay A$50,000 to SHH, as well as issue 4.75 million fully paid ordinary MGM shares, each at a price of A$0.20, to SHH.