A A$40-million asset sales agreement between ASX-listed Focus Minerals and fellow listed Intermin Resources could be under threat.
Focus, which is in the midst of a five-month exclusivity agreement with Intermin over the purchase of the Coolgardie gold project, on Monday alerted shareholders that it had applied for exemption from its minimum expenditure obligations over 66 tenements at the Coolgardie project and the Laverton project.