Peel Mining Limited (ASX:PEX) agreed to acquire Shuttleton Station, located 70km south of Cobar NSW for AUD 1.8 million on December 9, 2021. The consideration consists of 10% deposit of AUD 0.183 million and the balance payment of AUD 1.647 million payable upon settlement for total consideration of AUD 1.83 million. The transaction is subject to Minister’s consent to transfer title and is anticipated for first half 2022.