Ookami Limited (ASX:OOK) entered into an agreement to acquire African Mining Corporation Pty Ltd for approximately AUD 0.8 million on April 22, 2022. Ookami Limited intends to issue 5.555556 million shares as consideration for the Transaction to the shareholders of African Mining Corporation Pty Ltd. As of June 30, Having regard to prevailing market conditions, the company wishes to advise that the parties have agreed to terminate the Share Sale Agreement and release each other party of all claims, liabilities and obligations in relation to the Share Sale Agreement. No Consideration Shares will be issued to the vendors of AMC.