Currawong Resources Pty Ltd agreed to acquire 51% stake in Blackwood Gold Project from Cauldron Energy Limited (ASX:CXU) for AUD 0.3 million on September 5, 2023. There are no proposed changes to the board or senior management personnel as a consequence of this transaction. The acquisition is to the following condition precedent: both parties obtaining all shareholder and regulatory approvals required to perform their obligations under the agreement, and Cauldron and Blackwood entering into a termination agreement to terminate the Joint Venture Agreement. The transaction is expected to be concluded by no later than September 25, 2023.

Currawong Resources Pty Ltd completed the acquisition of 51% stake in Blackwood Gold Project from Cauldron Energy Limited (ASX:CXU) on October 11, 2023.