Alliance Nickel sells gold subsidiary to focus on battery metals
SYDNEY, AUSTRALIA: Alliance Nickel Limited (ASX: AXN), an emerging battery metals producer, has announced that it has sold its gold exploration subsidiary, Golden Cliffs NL, to a subsidiary of Zeta Resources Limited (ASX:ZER), a major shareholder of Alliance. The sale price was $400,000 in cash. The move is part of Alliance’s strategy to focus on…