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Aruma Resources Ltd to acquire portfolio of copper and uranium exploration assets in South Australia and Queensland

PRIVATEMay 27, 2024

Acquiring Company

Aruma Resources Ltd

Acquired Company

NHM Holdings (Australia) Pty Ltd

PerthAustraliaMiningPrecious MetalsMineralMining TechnologyEnergyMiningPrecious MetalsMineral

Description

Aruma Resources Ltd, a mining exploration company, is set to acquire a portfolio of copper and uranium exploration assets located in South Australia and Queensland. The assets include the Wilan IOCG-Uranium Project, Fiery Creek Copper Project, and Bortala Copper Project. The acquisition involves issuing NHM Holdings (Australia) Pty Ltd shareholders 26.5 million fully paid AAJ ordinary shares, along with non-transferable options and a Net Smelter Return (NSR) on any minerals extracted and sold from the new projects.

Quick answer

Aruma Resources Ltd is acquiring NHM Holdings (Australia) Pty Ltd, announced May 27, 2024. Aruma Resources Ltd is based in Perth, Western Australia, Australia.

How much did Aruma Resources Ltd pay for NHM Holdings (Australia) Pty Ltd?
The deal value was not disclosed.
What does Aruma Resources Ltd do?
Aruma Resources Ltd is a mining exploration company focused on acquiring, exploring, and developing mineral properties.
Where are Aruma Resources Ltd and NHM Holdings (Australia) Pty Ltd based?
Aruma Resources Ltd is based in Perth, Western Australia, Australia. NHM Holdings (Australia) Pty Ltd is based in Australia.
Who are the decision-makers at Aruma Resources Ltd?
Fundz holds 1 contact at Aruma Resources Ltd. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Aruma Resources Ltd

Location

Perth, Western Australia, Australia

About

Aruma Resources Ltd is a mining exploration company focused on acquiring, exploring, and developing mineral properties. The company is committed to sustainable and responsible exploration and sees potential in the acquisition of a portfolio of copper and uranium exploration assets in South Australia and Queensland.

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Frequently asked

Who acquired NHM Holdings (Australia) Pty Ltd?

NHM Holdings (Australia) Pty Ltd was acquired by Aruma Resources Ltd, based in Perth. The deal was reported on May 27, 2024. Aruma Resources Ltd is a mining exploration company focused on acquiring, exploring, and developing mineral properties. Aruma Resources Ltd is privately held and operates in Mining.

When did Aruma Resources Ltd acquire NHM Holdings (Australia) Pty Ltd?

Aruma Resources Ltd's acquisition of NHM Holdings (Australia) Pty Ltd was reported on May 27, 2024. Aruma Resources Ltd, a mining exploration company, is set to acquire a portfolio of copper and uranium exploration assets located in South Australia and Queensland. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does NHM Holdings (Australia) Pty Ltd do?

NHM Holdings (Australia) Pty Ltd is the owner of the portfolio of copper and uranium exploration assets located in South Australia and Queensland. It is privately held, operating in Energy, and is based in Australia.

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