Beacon Minerals Limited (ASX: BCN) executed an offer letter to acquire GEKO TENEMENTS from Habrok (Geko Pit) Pty Ltd for AUD 10.75 million on October 5, 2022. Beacon Minerals Limited (ASX: BCNexecuted a binding tenement sale agreement to acquire GEKO TENEMENTS from Habrok (Geko Pit) Pty Ltd on December 2, 2022. The Acquisition remains subject to and conditional upon Beacon and Geko executing a formalsale agreement. As of October 28, 2022, Beacon Mineral has extend the expected completion date for a further two weeks from October 31, 2022 to November 11, 2022.

Beacon Minerals Limited (ASX: BCN) completed the acquisition of GEKO TENEMENTS from Habrok (Geko Pit) Pty Ltd on December 16, 2022.