Moab Minerals Limited (ASX:MOM) acquired 14.64% stake in Caa Mining Limited for £0.75 million on June 9, 2023. Moab has acquired 2,727,273 fully paid ordinary shares in CAA Mining in exchange for an investment of £0.75 million. The Company undertook legal, technical, and financial due diligence on CAA Mining and its assets prior to committing to the investment which included the appointment of in-country legal advisors, meetings with the directors and key management of CAA Mining, and review of agreements in place pertaining to CAA Mining's assets. CPS Capital acted as Corporate Advisor to the transaction.

Moab Minerals Limited (ASX:MOM) completed the acquisition of 14.64% stake in Caa Mining Limited on June 9, 2023.