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BARYS RESOURCES LIMITED — Capital/Financing Update 2021
Sep 20, 2021
64567_rns_2021-09-20_ba51786f-f568-4d03-aa3f-223074d49761.pdf
Capital/Financing Update
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ASX RELEASE | 21 September 2021
VIRGO TRANSACTION UPDATE
ABOUT KOPORE METALS
Kopore Metals Limited is a public company listed on the Australian Securities Exchange (ASX) and is actively exploring its copper-silver prospects on the emerging world class Kalahari Copper Belt, located in the Republic of Botswana and in the Bryah Basin of Western Australia.
Further to its announcement on 26 July 2021, Kopore Metals Limited (“ Kopore ” or “ Company ”) provides an update on the transaction with AIM listed ARC Minerals Limited (“ ARC ”) pursuant to which the Company has agreed to sell a 75% shareholding interest in Alvis-Crest (Proprietary) Ltd, the Kopore subsidiary which currently holds the two licences, PL135/2017 and PL162/2017, which comprise the Virgo Project in Botswana, to ARC.
The process of obtaining Ministerial approval is ongoing and is anticipated to be completed shortly. Consequently, the parties have agreed to extend the closing date for the transaction from 23 September 2021 to 22 October 2021.
DIRECTORS & MANAGEMENT
PETER MEAGHER Non-Executive Chairman
SIMON JACKSON Managing Director
Authorised by the Board of Kopore Metals Limited.
GRANT FERGUSON Non-Executive Director
CAROLINE KEATS Non-Executive Director
FOR FURTHER INFORMATION PLEASE CONTACT:
REGISTERED OFFICE
Suite 5, 62 Ord Street West Perth WA 6005
SIMON JACKSON Managing Director Kopore Metals Limited Tel. +61 8 9322 1587 [email protected] www.koporemetals.com