Labyrinth Resources extends settlement date for Gold Project sale

Labyrinth Resources Limited (ASX: $LRL) has extended the settlement date for the sale of the Labyrinth and Denain Projects to Gold Projects WA Pty Ltd (GPWA) to March 29, 2024. The sale, initially scheduled for February 29, 2024, is still pending finalization of key conditions and associated legal documentation.

Labyrinth Resources' Executive Commentary on Gold Project Sale

The parties involved in the Sale and Purchase Agreement are diligently working on completing the final elements of the key conditions and the associated legal documentation. We have mutually agreed with GPWA to extend the settlement date to March 29, 2024, to ensure that this process is thoroughly finalized. We appreciate the ongoing support and understanding of our stakeholders during this period.

Summary of Labyrinth Resources' Gold Project Sale Extension

Labyrinth Resources (ASX: $LRL) has announced the extension of the settlement date for the sale of the Labyrinth and Denain Projects to GPWA to March 29, 2024. The Company is in the process of finalizing the key conditions and associated legal documentation with GPWA. Labyrinth Resources appreciates the continued support of its stakeholders and looks forward to completing this transaction by the new settlement date.