Hastings Technology Metals has signed a binding agreement with Metal Bank for the divestment of Hasting’s gold assets following completion of due diligence by both parties. The deal is subject to conditions precedent including shareholder approval. Under the terms of the agreement, Metal Bank will issue 160.02 million ordinary shares to Hastings, valued at A$2.3m at the time of signing the term sheet, on completion of the deal. In return, Hastings will transfer its gold assets and A$300,000 in cash held ...