ChemX Materials Limited (ASX:CMX) entered into a share sale agreement to acquire HiPurA Pty Ltd from h Nicholas Welham and David Leavy for AUD 1.3 million on April 30, 2021. As per the transaction, ChemX Materials Limited will issue 2 million shares at completion, 2 million shares at the completion of flow sheet design and 2.5 million shares at the commissioning of the pilot plant. All of the Shares to be issued to David Leavy and Nicholas Welham will be subject to a 24-month escrow period from listing. The transaction is subject to completion of due diligence investigation.

ChemX Materials Limited (ASX:CMX) Completed it's acquisition of HiPurA Pty Ltd from Nicholas Welham and David Leavy on December 31, 2021.