Kodal Minerals plc, announced that it has acquired the minority shareholdings of the original vendor parties of the Project. These acquisitions result in Kodal having 100% interest in all concessions of the Bougouni Lithium Project with the concessions all held in the name of Kodal's Malian subsidiary companies. Kodal is the majority owner and operator of the Bougouni Lithium project located in southern Mali. Kodal first acquired rights in the Project on 30 August 2016 through an agreement with Gorutumu with respect to the Madina concession and later reached agreement with Triumvirat regarding new concessions applications of Foulaboula and Dogabola on 13 December 2017. The agreements with both parties resulted in a 10% interest being retained in the relevant concessions by each vendor. The agreements now reached between Kodal and Gorutumu and Triumvirat result in the minority partners renouncing all interests in the Project and the termination of existing agreements between the parties. The Gorutumu project area is defined as the initial Madina concession boundary and subsequently renewed into two new concessions, Fariedele and Sogola Nord. Kodal has acquired the remaining 10% interest in these concessions from Gorutumu for a payment of US$600,000 and the grant of a 0.6% NSR for production sourced from the Gorutumu project area. Production attributed to the Gorutumu project area will be monitored by normal mining surveying and processing controls. The Triumvirat project area is defined as the Foulaboula and Dogabola concessions. Kodal has acquired the remaining 10% interest in these concessions from Triumvirat for a payment of USD 600,000 and the grant of a 0.6% NSR for production sourced from the Triumvirat project area. Production attributed to the Triumvirat project area will be monitored by normal mining surveying and processing controls.