Consortium Minerals Ltd agreed to acquire a 50% stake in First Gear Exploration Limited from Kropz plc (AIM:KRPZ) for $0.33 million on February 16, 2021. Under the term, Consortium Minerals will acquire 1.13 million shares of First Gear Exploration Limited. Consortium Minerals will pay $0.005 million cash and will be payable within seven days. Consortium Minerals will pay $0.32 million as deferred cash consideration and will be payable upon, the earlier of (i) the sign-off by a competent person of a definitive feasibility study on the Aflao deposit, as defined in the JORC Code 2012 edition; or (ii) Consortium disposing or transferring the Shares prior to the event described in (i) being achieved; or (iii) Consortium disposing or transferring the prospecting right prior to the event described in (i) being achieved. Post completion, Kropz will have no further interest in Aflao. Samantha Harrison, Harrison Clarke and George Grainger of Grant Thornton UK LLP acted as a financial advisor, Emily Moss, Jos Simson and Oliver Lamb of Abacus Associates Financial Services Ltd acted as a financial advisor, Andrew Chubb and Ernest Bell of Hannam & Partners acted as a broker and James Duncan of R&A Strategic Communications acted as a PR to Kropz.