Alien Metals Ltd (AIM:UFO) agreed to acquire additional 39% stake in Hancock Ranges Iron Ore Project and Brockman Iron Ore Project in Pilbara, Western Australia from Windfield Metals Pty Limited on November 2, 2022. Alien Metals will satisfy the payment of consideration with a payment of ú0.06 million in cash, by issuing 260 million shares of Alien Metalsat the closing mid mark price on the day of Completion and 100 million share purchase warrants, exercisable at 1 penny each before 31 December 2025.