Evolution Mining (ASX:EVN) completes Mt Carlton sale

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English - December 15, 2021 04:46 - 1000 KB
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15 Dec 2021 - Evolution Mining (ASX:EVN) has completed the sale of the Mt Carlton gold mine to Navarre Minerals (ASX:NML). Evolution has received the upfront consideration of $40 million, comprising $26.8 million in cash and 176,565,396 Navarre shares, which equates to a 12.9 per cent shareholding in Navarre.