Okapi Resources Limited (ASX:OKR) to Acquire Multiple Large Scale Kaolin Halloysite Projects
Okapi to Acquire Multiple Large Scale Kaolin Halloysite Projects Perth, May 12, 2021 AEST (ABN Newswire) - Okapi Resources Limited (
ASX:OKR) is pleased to advise that the Company has entered into a binding heads of agreement to acquire Bulk Mineral Holdings Pty Ltd ( Bulk Minerals ) which holds two (2) granted exploration licenses in Western Australia and four (4) exploration licence applications in South Australia ( Acquisition Agreement ). Refer to Figure 1 for the location of the projects.
Highlights
- Okapi to acquire large scale Kaolin Halloysite and Heavy Mineral Sands Projects across SA and WA with a combined land package of ~2,127 km2
Dear Fellow Shareholder, I am pleased to present the Group s final results for the financial year ending 31 December 2020 and to report on the Company s ongoing activities to the date of this statement. Despite the challenges posed by COVID-19, 2020 has been a year of successful transformation for the Company and its shareholders. During the year, the Company successfully achieved the following: Acquisition of 51 per cent. Interest in the Carolina Gold projects via GAR Readmission to trading on AIM Oversubscribed capital raising in conjunction with the readmission Corporate rebranding and name change Share consolidation Commencement of operations in the USA Following the successful reverse acquisition of Global Asset Resources Ltd ( GAR ), the associated fundraising, and the readmission to AIM, we are now focussed on unlocking the excellent potential of our gold projects in the USA. A
Availability of Annual Report and Notice of Annual General Meeting Lexington Gold (AIM: LEX), the gold exploration and development company with projects in North and South Carolina, USA, is pleased to announce its audited results for the year ended 31 December 2020. Copies of the Company s full Annual Report and Financial Statements for the financial year to 31 December 2020 will be made available to download from the Company s website at www.lexingtongold.co.uk and will shortly be posted to shareholders together with a Notice of Annual General Meeting (incorporating an Explanatory Memorandum), which will also be made available on the Company s website, to be held at 10.00 a.m. (Bermudan time) on Monday, 14 June 2021 at the Company s registered office at Clarendon House, 2 Church Street, Hamilton, HM11, Bermuda.