Tectonic Gold Plc To Sell Its Royalty Interest In The Graphmada Graphite Mine To SilverStream SEZC

Tectonic Gold plc (NXX: TTAU), has executed an agreement with SilverStream SEZC for the sale of its 2.5% royalty interest in the Graphmada graphite mine in Madagascar at a consideration of around A$550,000. Following this transaction, the company will be re-focussing on gold exploration and its focus on the business will be as a specialist Intrusion Related Gold System (IRGS) explorer and delivering meaningful value to its stakeholders.