Battery Minerals Limited (ASX:BAT) entered into a binding term sheet to acquire The Spur Project (EL5238) from Yanbulla Mining Pty Ltd for AUD 0.38 million on October 17, 2023. Battery Minerals will issue 15 million shares as consideration. Completion of the acquisition is subject to and conditional upon a number of conditions precedent, including financial and legal due diligence, obtaining any necessary third-party consents and Battery Minerals obtaining all necessary shareholder and regulatory approvals.