Pacific State Metals (Holdings) Ltd signed a binding agreement to acquire West Murchison and Fraser Range exploration projects in Australian from S2 Resources Ltd (ASX:S2R) on August 7, 2023. In return for the sale, S2 will receive 7 million ordinary fully paid shares in the issued capital of Pacific State, representing approximately 28.6% of Pacific State?s issued capital (on a post-transaction basis).

Pacific State Metals (Holdings) Ltd cancelled the acquisition of West Murchison and Fraser Range exploration projects in Australian from S2 Resources Ltd (ASX:S2R) on June 17, 2024.