BMG Resources Limited (ASX:BMG) agreed to acquire Bullabulling Project in Coolgardie Region for AUD 0.44 million on June 15, 2023. Under the terms, AUD 0.2 million shall be paid in cash along with issuance of 15 million BMG shares at completion. The vendors will hold the consideration shares in voluntary escrow for a period of 12 months.

The transaction is expected to be finalized in the next week.