Legacy Minerals Holdings Limited (ASX:LGM) agreed to acquire Mt Carrington exploration license EL6273 from White Rock Minerals Ltd (ASX:WRM) for AUD 0.2 million on July 20, 2023. Legacy Minerals will purchase the Project for AUD 0.2 in cash, with a AUD 0.03 million deposit to be paid within 14 days and the remainder to be paid upon the transfer of the tenement. The recent sale of the Mulholland Project for a cash component of AUD 0.11 million will be used to help fund the acquisition along with working capital.

Completion of the acquisition will occur within seven days of receipt of the relevant minister?s consent of the transfer of EL6273.