ESR estrella resources limited

Wonder what this is going to cost ESR in...

  1. DB2
    223 Posts.
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    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


    E[email protected]



    InvestorRelations




    AlexCowieDirector


    NWRCommunications


    T+61412952610


    E[email protected]



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    AuricMiningLimited


    ACN635470843



    Level1,1TullyRoad,EastPerthWA6004PO Box 1057, Joondalup DC WA 6919



    [email protected]08 9548 9997



    auricmining.com.au
    ANNOUNCEMENT 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.
    Last edited by DB2: 01/05/25
 
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