Kingston Resources Ltd (ASX:KSN)'s Andrew Corbett speaks with Proactive following the news they've entered into a binding agreement with US-based Quintana MH Holding Co. LLC to acquire the operating Mineral Hill mine, 65 kilometres north of Condobolin in western New South Wales. KSN's agreed to pay Quintana a combination of upfront cash and shares, and deferred cash payments adding up to A$22.7 million along with a 2% royalty over production.
Kingston Resources becomes producer with acquisition of Mineral Hill mine
