Matsa Resources Limited (ASX: MAT) has announced that all conditions pertaining to its revised Tenement Option Agreement with AngloGold Ashanti Australia Limited have been successfully finalised. The Perth-based mineral exploration company, primarily engaged in the exploration and development of its gold projects, notably the Lake Carey Gold Project near Laverton in Western Australia, had previously informed the market on September 22, 2026. At that time, AngloGold Ashanti exercised its option early to acquire a specific parcel of tenements forming part of Matsa’s extensive Lake Carey portfolio. This announcement signifies a crucial advancement for the divestment process.
With all conditions now satisfied, Matsa Resources Limited is pleased to advise that the settlement of this significant transaction is scheduled to occur within the next 15 business days. Upon settlement, Matsa expects to receive the final amount of $45 million from AngloGold Ashanti for the sale of the five designated tenements. This upcoming payment follows an initial $10 million deposit, the receipt of which was previously confirmed by Matsa on September 25, 2026. The total consideration for AngloGold Ashanti’s early exercise of the option to acquire these valuable assets stands at $55 million.
The completion of these conditions represents a significant milestone for Matsa Resources as it moves towards finalising the divestment. The company remains committed to keeping its shareholders fully informed regarding the progress of the transaction. Matsa has indicated that it will issue further ASX announcements once the final completion payment from AngloGold Ashanti has been successfully received, ensuring transparent communication throughout the conclusion of this agreement.
