ASX-listed Talisman Mining will be returning A$29-million in cash to shareholders, in the form of 15.62c a share, following the sale of its interest in the Springfield exploration and Monty mining joint venture (JV) last year.
Talisman sold its interest in the JV to partner Sandfire Mining last year for A$72.3-million in cash, and a 1% net smelter return royalty on any future discoveries at the project area.