Auric Mining Limited (ASX:AWJ) executed a binding gold rights sale agreement to acquire Gold rights across certain tenements in the Widgiemooltha area from Neometals Ltd (ASX:NMT) for AUD 0.9 million on April 19, 2021. The consideration amount to be paid in 3,429,691 shares of Auric Mining and cash of AUD 200,000 together with a 1% gross royalty on E15/1583. A nonrefundable payment of AUD 50,000 has already been paid. Settlement is subject to shareholder approval by Auric shareholders. On June 8, 2021, the transaction has been approved by Auric shareholders. The settlement of the transaction is due to take place on June 10, 2021.

Auric Mining Limited (ASX:AWJ) completed the acquisition of Gold rights across certain tenements in the Widgiemooltha area from Neometals Ltd (ASX:NMT) on June 10, 2021.