Resolute Mining (ASX:RSG) expects to receive full repayment of a vendor financing promissory note, in the amount of AU$77 million, related to the sale of the Ravenswood gold mine in Queensland by the end of June, according to a Thursday filing with the Australian bourse.
The promissory note is part of the consideration that was agreed in connection with the company's sale of Ravenswood in 2020, per the filing.
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