Okapi Resources Ltd (ASX:OKR) has completed the acquisition of an option for a 51% interest in the Hansen Uranium Project in Colorado, USA, which increases.
Okapi Resources Ltd (ASX:OKR) Transformational Acquisition of High Grade Uranium Assets
Transformational Acquisition of High Grade Uranium AssetsPerth, July 12, 2021 AEST (ABN Newswire) - Okapi Resources Limited (
FRA:26O) is pleased to advise it has entered into a binding agreement (Acquisition Agreement) to acquire 100% of the shares and options in Tallahassee Resources Pty Ltd (Tallahassee). The key terms and conditions of the Acquisition Agreement are set out below.
Tallahassee holds a 100% interest in mineral rights that cover approximately 7,500 acres in the Tallahassee Creek Uranium District of Colorado, USA (Tallahassee Uranium Project) together with an option to acquire 100% of the Rattler Uranium Project, including the historical high-grade Rattlesnake open pit mine, in north-eastern Utah (Rattler Uranium Project).