Codrus Minerals Limited (ASX:CDR) executed Binding agreement to acquire ElementX Global Pty Ltd for AUD 1.76 million on April 5, 2024. The transaction is subjected to completion of due diligence, CDR shareholder approval and all necessary regulatory approval. On May 28, 2024 shareholder of Codrus Minerals Limited approve the deal the Company has now issued 42,857,143 Consideration Shares for the acquisition of 100% of the issued capital of ElementX Global Pty Ltd, which holds unconditional rights to acquire a 100% interest in two uranium projects, as per the terms and conditions announced on 5 April 2024.

Codrus Minerals Limited (ASX:CDR completed the acquisition of ElementX Global Pty Ltd on May 31, 2024. Greg Bandy has been formally appointed as Non-Executive Chairman and following this appointment, Andrew Radonjic has formally resigned from the Board.