Matsa Resources Completes AU$1.2 Million Sale of Western Australia Project Stake

MT Newswires Live

2025/02/14

Matsa Resources (ASX:MAT) has received the final AU$200,000 payment from the sale of its 20% interest in a portion of the Lake Rebecca Gold Project in Western Australia to Ramelius Resources (ASX: RMS), according to a Friday filing with the Australian bourse.

The company retains a 20% free-carried interest in the project, adjacent to Ramelius' Rebecca and Roe Gold Projects, the filing said.

Shares of Matsa Resources and Ramelius Resources rose 2% each on market close.

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