Core Lithium Ltd. (ASX:CXO) agreed to acquire Soldiers Creek Project from Todd River Resources Limited (ASX:TRT) for AUD 0.05 million on October 11, 2019. In a related transaction, Core Lithium Ltd. agreed to acquire Walanbanba project from Todd River Resources Limited for AUD 0.05 million. As a part of consideration, for both the acquisition combined, Core Lithium Ltd. will issue 2.635584 million shares at a price of approximately AUD 0.38 per share – being the 5 day VWAP of CXO shares to 8 October 2019. The shares will be subject to voluntary escrow for a period six months and fourteen days from the date of issue. Core Lithium Ltd. will not seek security holder approval for the issue of the shares. Transaction is subject to Core Lithium Ltd. completing satisfactory due diligence.

Core Lithium Ltd. (ASX:CXO) cancelled the acquisition of Soldiers Creek Project from Todd River Resources Limited (ASX:TRT) on October 11, 2020.