Caprice Resources Limited (ASX:CRS) agreed to acquire 90% stake in Bantam Project of HJH Nominees Pty Ltd from HJH Nominees Pty. Ltd. for AUD 2.1 million on June 7, 2024. A cash consideration of AUD 1.03 million will be paid by Caprice Resources Limited. Caprice Resources Limited will pay an earnout/contingent payment of AUD 1.1 million cash. As part of consideration, AUD 2.13 million is paid towards assets of Bantam Project of HJH Nominees Pty Ltd.

The transaction is subject to approval by regulatory board / committee, shareholders of Caprice and consummation of due diligence investigation.

Caprice Resources Limited (ASX:CRS) completed the acquisition of 90% stake in Bantam Project of HJH Nominees Pty Ltd from HJH Nominees Pty. Ltd. on July 1, 2024.