StockMarketWire.com - Keras Resources noted that Australia's Calidus Resources, of which it holds a 35% interest, had agreed to sell the conglomerate gold rights over a portfolio of eight exploration licenses to Pacton Gold.

The rights were sold for C$3.5mm to be satisfied by the issue of 7m shares in Pacton.

The tenements were retained by Calidus, which retained the rights to all shear hosted/basement gold, Keras said.


At 1:22pm: [LON:KRS] Keras Plc share price was 0p at 0.39p



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