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DART MINING NL — Capital/Financing Update 2024
Dec 5, 2024
64792_rns_2024-12-05_4025db1a-3ac7-478e-b39f-6fad875084de.pdf
Capital/Financing Update
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ASX Release
6 December 2024
Completion of the acquisition of the Triumph Gold Project
Dart Mining NL (ASX:DTM) ( Company or DTM ) is pleased to confirm that it has completed the Sale and Purchase Agreeement with Sunshine Metals Limited (ASX:SHN) ( Sunshine ) first announced on 27 August 2024, pursuant to which DTM has acquired, and Sunshine has sold, the tenements comprising the Triumph Gold Project ( Acquisition ).
The Acquisition completed today on the terms outlined previously in the Company’s announcement dated 27 August 2024. In consideration for the Acquisition, the Company has paid the cash consideration and issued to Sunshine 83,333,333 fully paid ordinary shares in the capital of the Company.
The Triumph Gold Project is located approximately 520km by road north of Brisbane, Queensland, and is well serviced by the coastal port city of Gladstone 80km by road to the north. The project is comprised of two exploration permits: EPM 18486 and EPM 19343 covering an area of 137.6 sq.km or 43 sub-blocks in total.
This announcement has been authorised for release by the Board.
For more information please contact :
James Chirnside Aimee Coats Managing Director Investor Relations [email protected] [email protected] +61 447 447 613
About Dart Mining
Dart Mining’s (ASX: DTM) aim is to evaluate and develop several historic Goldfields as well as substantiating a new porphyry province in NE Victoria. The area is prospective for precious, base, and minor metals. These include Lithium, Gold, Silver, Copper, Molybdenum, Zinc, Tungsten, Tin, Tantalum, and a host of other important minerals. Dart Mining has built a strategic gold footprint in the Central and Northeast Region of Victoria where historical surface mining and alluvial gold indicates the existence of potentially significant gold endowment.
Webpage: www.dartmining.com.au LinkedIn: Dart Mining NL Twitter: @Dart Mining
Contact: James Chirnside Email: [email protected] Phone: +61 447 447 613
Dart Mining NL ABN: 84 119 904 880 Level 6, 412 Collins Street Melbourne VIC 3000