Fe Limited: Completes iron ore royalty sale
- Mineral exploration company, Fe Limited (FEL) has successfully completed the sale of its Evanston iron ore royalty
- Then the company’s bank account has received $3.46 million, the first instalment of the sale price
- The second instalment of $3 million is payable to the company in 12 months time
- This sale set to assist with funding future exploration programs and projects
- Fe is now gearing up to commence ground survey work at its Hillside project in Western Australia’s Pilbara region
- Fe Limited is trading flat at 1.5 cents each
