Resources and Energy Group Limited announced that following shareholder approval and satisfaction of other conditions precedent the acquisition of the East Menzies Gold Project located in Western Australia was settled on 21 December 2018. The East Menzies Gold project is located in a highly prospective region and comprises 27 tenements and 19 applications covering an area of over 103 km2. Acquisition of the East Menzies Gold Project brings together over 20km of contiguous strike of mineralized greenstone belt in the East Menzies gold field (EMGF). EMGF is part of the Yilgarn Gold province, 130km north of Kalgoorlie.