Not sure whether things were altered along the way since this...

Not sure whether things were altered along the way since this announcement from back on 12th November 2013 but here is the relevant portion from that announcement
"Maximus Resources Limited, (ASX: MXR) is pleased to announce that it has receive the first stagepayment totalling $1.5 million in cleared funds following receipt of Ministerial approval for the sale of5 tenements located in the Adelaide Hills in South Australia, including the Bird in Hand gold project toTerramin Exploration Ltd, a wholly owned subsidiary of Terramin Australia Limited.Confirmation was received of the issue of 25 million fully paid ordinary shares in Terramin Australia toMaximus, which will be subject to an escrow agreement for 12 months from the date of signing theSale and Purchase Agreement.The second and third stage cash payments of $1 million each (total cash consideration for the 5tenements totalling $3.5 million) are contingent on approval of a Program for EnvironmentalProtection and Rehabilitation (PEPR) and commencement of bullion production. The Company willalso receive a 0.5% royalty payable on bullion production in excess of 50,000 ozs."