TechGen Metals Ltd completed the acquisition of Jackadgery gold project in New South Wales from Black Dragon Energy Pty Ltd, Chrissie McClatchie and Andrew Sloot AUD 0.23 million.
TechGen Metals Ltd (ASX:TG1) completed the acquisition of Jackadgery gold project in New South Wales from Black Dragon Energy (Aus) Pty Ltd, Chrissie McClatchie and Andrew Sloot AUD 0.23 million on June 12, 2023. TechGen now holds 90% of EL8389 and 100% in EL9121. As part of the acquisition, upfront consideration of AUD 0.133 million worth of shares in TechGen (Initial Consideration Shares) and on 12 June 2023 the final cash consideration of AUD 0.1 million was paid to complete the exercise of the option, for TechGen to complete the acquisition of 90% interest in tenement EL8389.