Adavale Resources Limited (ASX:ADD) agreed to acquire Exploration License EL6553 from Kilonova Metals Pty Ltd for AUD0.17 million on March 26, 2024.Completion of financial, legal and technical due diligence by ADD on the Tenement, to the absolute satisfaction of ADD within 30 days of the date of the agreement; the Parties obtaining all necessary regulatory approvals or waivers pursuant to the ASX Listing Rules, Corporations Act 2001 or any other applicable law by July 31, 2024; the Parties obtaining all third party approvals and consents, including the consent of the Minister responsible for the Mining Act 1971 and associated Mining Regulations 2020 by July 31, 2024; and ADD obtaining all necessary Shareholder approvals including approval for the issue of the Consideration Shares by July 31, 2024.