Wonder what this is going to cost ESR in legals????
ANNOUNCEMENTTOTHEAUSTRALIANSECURITIESEXCHANGE1MAY2025
Munda Tenement M15/87LithiumRights&Royalty
TheAnnouncement
Auric Mining Limited(ASX: AWJ)(Auricor theCompany) advises the following in relation to Munda Tenement M15/87.
On30April2025,EstrellaResourcesLtd(ASX:ESR)(Estrella)issuedawritagainst Auric and its wholly owned subsidiary, Widgie Gold Pty Ltd who is the registered holder of Munda Tenement, M15/87, (Auric Group).The writ was also issued against Neometals Ltd (ASX: NMT) and WIN Metals Ltd (ASX: WIN) and its wholly owned subsidiary MtEdwardsCriticalMetalsPty Ltd (WINGroup), theownersofthe Lithium rights in M15/87. The writ specifies various claims and demands against the AuricGroupandtheotherpartiesinrespectoflithiumrightsandanentitlementto a lithium royalty in respect of the Munda Tenement M15/87. The writ was served upon the AuricGroup this afternoon.
AuricwillvigorouslydefendEstrella’sclaimsandthelegalproceedings. ThefollowingASXannouncementsarereferencedforthisrelease:
ASX
Date
Title
1 AWJ
23July2024
AuricbuysspecificmineralsrightsfromWINfor$1.2M
2 AWJ
27August2024
SettlementandCompletionwithWINMetalsreMunda
3 WIN
23July2024
MundaagreementwithAWJyields$1.2M
4 WIN
27August2024
MundaAgreementwithAWJconcluded
5 ESR
6September2024
DisputewithMtEdwardsCriticalMetalsandWIN
6 WIN
13September2024
AllegedRoyaltydisputewithEstrella
AuricMiningLimited
ACN635470843
Level1,1TullyRoad,EastPerthWA6004PO Box 1057, Joondalup DC WA 6919
[email protected]08 9548 9997
auricmining.com.auASX: AWJ
ThisannouncementhasbeenapprovedforreleasebytheManagingDirectorofAuric Mining Ltd.
CorporateEnquiries
Mark English Managing Director Auric Mining Limited
T+61409372775
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AlexCowieDirector
NWRCommunications
T+61412952610
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AuricMiningLimited
ACN635470843
Level1,1TullyRoad,EastPerthWA6004PO Box 1057, Joondalup DC WA 6919
[email protected]08 9548 9997
auricmining.com.auANNOUNCEMENT TO THE AUSTRALIAN SECURITIES EXCHANGE1 MAY 2025
Auric Mining Limited
ACN 635 470 843
Level 1, 1 Tully Road, East Perth WA 6004
PO Box 1057, Joondalup DC WA 6919
[email protected]
08 9548 9997
auricmining.com.au
ASX: AWJ
Munda Tenement M15/87
Lithium Rights & Royalty
The Announcement
Auric Mining Limited(ASX: AWJ)(Auricor theCompany) advises the following in
relation to Munda Tenement M15/87.
On 30 April 2025, Estrella Resources Ltd (ASX: ESR) (Estrella) issued a writ against
Auric and its wholly owned subsidiary, Widgie Gold Pty Ltd who is the registered
holder of Munda Tenement, M15/87, (Auric Group).The writ was also issued
against Neometals Ltd (ASX: NMT) and WIN Metals Ltd (ASX: WIN) and its wholly
owned subsidiary Mt Edwards Critical Metals Pty Ltd (WIN Group), the owners of the
Lithium rights in M15/87. The writ specifies various claims and demands against the
Auric Group and the other parties in respect of lithium rights and an entitlement to
a lithium royalty in respect of the Munda Tenement M15/87. The writ was served
upon the Auric Group this afternoon.
Auric will vigorously defend Estrella’s claims and the legal proceedings.
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0.038 | 2241481 | 4 |
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