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<WIRE> Mlg Oz Strikes Major Deal with Genesis Minerals (ASX:GMD)



Mlg Oz clinches a strategic new partnership with Genesis Minerals (ASX:GMD).

They secured a crucial contract which signifies significant impact on the company’s operations.

The company was awarded a three-year contract, set to supply integrated site services and haulage works to Genesis Minerals.

Starting from November 2023, this collaboration will see a surge in production throughout the second half of fiscal year 2024 and extending into fiscal year 2025.

Additionally, Genesis Minerals projects optimistic future earnings as a result of this agreement with annual revenues in fiscal year 2025 expected to hit around $15.0 million and further rise to approximately $30.0 million by fiscal year 2026.

Genesis Minerals (ASX:GMD) is a mineral exploration company that specializes in securing strategic contracts.


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