Azure Minerals Ltd (ASX:AZS)’s Tony Rovira outlines to Proactive the binding sale of the subsidiary companies that own and operate its Mexican precious and base metals projects. The sale to Bendito Resources Inc will net AZS $20 million in cash and shares, while the company maintains exposure to the upside of these projects as they are further developed. Rovira has praised Bendito for having a successful track record of identifying, acquiring, developing, and operating projects. Azure will use the extra funds to accelerate activities at what it believes is the company-making Andover Nickel-Copper Project in WA.
Azure Minerals sells Mexican assets to focus on highly prospective WA project
