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DART MINING NL — Capital/Financing Update 2026
Mar 16, 2026
64792_rns_2026-03-16_b6f530b4-b4b1-4906-a155-61546d3beb0a.pdf
Capital/Financing Update
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ASX Release
17 March 2026
DTM enters binding agreement to sell the Buckland Gold Project
Dart Mining NL (ASX:DTM) ( Company or DTM ) is pleased to announce that it has entered into a binding sale and purchase term sheet ( Agreement ) with Daybreak Minerals Pty Ltd ( Daybreak ) for the sale of a 100% legal and beneficial interest in the tenements, exploration licence EL006861, retention licence RL006615, associated mining information, and 2 general habitat units, comprising the Buckland Gold Project ( Acquisition ).
HIGHLIGHTS
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Cash consideration of $300,000
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Strategic disposal of non-core asset
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Dart will retain right of first refusal to provide drilling services
DART MINING’S CHAIRMAN, JAMES CHIRNSIDE, COMMENTED:
“The sale of the Buckland Gold Project allows DTM to unlock value from a non-core asset while securing $300,000 in cash consideration to strengthen the Company's balance sheet and support our ongoing strategic priorities. We are also pleased to have retained a right of first refusal over drilling services on the tenements, ensuring DTM maintains an ongoing commercial relationship with the project.”
Under the Agreement, Daybreak will pay cash of $300,000 to the Company at completion in consideration for exploration licence EL006861, retention licence RL006615 (held by DTM's wholly owned subsidiary Mt Unicorn Holdings Pty Ltd), 2 General Habitat Units, and all mining information relating to the tenements (together, the Sale Assets ).
Completion of the Acquisition is subject to the satisfaction (or waiver) of certain conditions precedent, including the parties obtaining all necessary third party approvals.
In connection with the Acquisition, and subject to the receipt of shareholder approval (which the Company must use its best endeavours to obtain without undue delay), DTM will grant Daybreak (or its nominee) a right to subscribe for up to $500,000 worth of fully paid ordinary shares in DTM at a price to be agreed between the parties.
Webpage: www.dartmining.com.au LinkedIn: Dart Mining NL Twitter: @DartMining
Contact: James Chirnside Email:[email protected] Mobile: +61 447 447 613
Dart Mining NL ABN: 84 119 904 880 Level 6, 412 Collins Street Melbourne VIC 3000
The Agreement also provides that, subject to Daybreak conducting or commissioning any drilling activities on or in respect of the tenements, Daybreak must provide DTM (or its nominee) with a right of first refusal to provide drilling services.
The Company will allocate the use of proceeds from the sale to exploration on its existing projects and working capital.
Approved for release by the Board of Directors.
For more information contact:
James Chirnside Managing Director Dart Mining NL [email protected] +61 419 605 842 InvestorHub Link
Terry Bates Director Dart Mining NL [email protected]