https://www.batteryminerals.com/wp-content/uploads/2020/10/Battery-Minerals-Commences-Gippsland-Prospecting-Acquisition-.pdf
ASX Announcement 22 October 2020
Battery Minerals completes the acquisition of
Gippsland Prospecting
Battery Minerals (ASX: BAT) (“Battery Minerals” or the “Company”), is pleased to advise that
it has completed the acquisition of 100% of Gippsland Prospecting Pty Ltd and has issued
439,363,850 fully paid ordinary shares (Shares) to the vendors and paid the cash
consideration pursuant to the acquisition approved by shareholders at its Annual General
Meeting on 13 May 2020.
As announced on 16 October 2020, Gippsland Prospecting has been granted Exploration
Licence (EL6871) located in western Victoria (see Figure 1). Battery Minerals now owns 100%
of Gippsland Prospecting Pty Ltd
As part of completion of Gippsland Prospecting transaction, experienced geologist Dr Darryl
Clark will join the Board of the Company as a non-executive director and Jeremy Sinclair has
stepped down as a director of the Company. In addition, Kent Balas will join the Company as
General Manager Exploration based in Victoria and focused on the Gippsland Prospecting
tenement.
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