Todd River Resources Limited (ASX:TRT) entered into a binding sale agreement to acquire the Halo-Yuri Lithium Project from 507976 N.W.T. Ltd., 877384 Alberta Ltd. and Zimtu Capital Corp. (TSXV:ZC) for AUD 1.19 million on September 27, 2023. The consideration includes 80,600,000 shares of Todd River and a cash payment of AUD 230,000. The Sale Agreement relating to the Yuri Lithium Project is conditional on certain mineral claims that comprise that project being transferred to NWT before completion. Currently, the mineral claims comprising the Yuri Lithium Project are held by Aurora Geosciences Ltd. In addition, the Sale Agreements are conditional on the Company?s shareholders approving the issue of the Consideration Shares and Vendor Performance Rights, and the Placement being completed. If shareholder approval is obtained, completion under the Sale Agreements is expected to occur within several business days following such approval.

Todd River Resources Limited (ASX:TRT) completed the acquisition of the Halo-Yuri Lithium Project from 507976 N.W.T. Ltd., 877384 Alberta Ltd. and Zimtu Capital Corp. (TSXV:ZC) on November 22, 2023.