IN BRIEF: Empire Metals completes sale of Eclipse gold lease interest

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Empire Metals Ltd - Australia-focused mining company - Says its wholly-owned subsidiary, Empire Metals Australia Pty Ltd, completes the sale of its 75% interest in the Eclipse mining lease. It is a non-core gold asset located near Kalgoorlie, western Australia. The total consideration is A$750,000 in cash, around £392,344.

‘With all conditions now satisfied and the consideration received in full, this transaction concludes the divestment of a non-core asset and allows us to direct our full attention and resources to advancing the Pitfield titanium project,’ says Managing Director Shaun Bunn.

Current stock price: 40.73 pence, up 1.8% on Wednesday morning in London

12-month change: up 36%

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