Kingfisher Mining to sell Gascoyne assets to Dreadnought Exploration
Kingfisher Mining has signed a binding term sheet to sell its entire interest in 12 exploration licenses in the Gascoyne region of Western Australia to Dreadnought Exploration, a subsidiary of Dreadnought Resources. The transaction, valued at A$2 million ($1.42 million), will be settled by the issuance of fully paid ordinary shares of Dreadnought Resources. Additionally,…