Ann: Delta acquires LCT Mineral Rights at the Lyons River Project, page-4

from Today's $tockhead !?!
Delta Lithium (ASXLI) has purchased Dalaroo’s lithium, caesium and tantalum mineral rights holus bolus from the Lyons Creek project in WA’s Gascoyne region, for a very tidy $1 million package, with Dalaroo retaining the mineral rights to ‘everything else’ at the site.
$500,000 of that is headed Dalaroo’s way in the form of cold, hard cash – the rest is tied up in half a mil’s worth of Delta shares. In addition, Delta is on the hook to expend a minimum of 50% of the annual statutory expenditure requirements on the Lyons River Project tenements (a commitment of $280,000 per annum at the date of the Sale Agreement) for three years.
Dalaroo says that the sale not only boosts its coffers quite nicely, but also frees the company up to spend more time and energy focussing on its newly outlined Goodbody gold prospect, Browns 3.5km X 2km Pb-Zn-Ag-Cu prospect and View Hill rare earth element prospect at the Lyons River project.
Delta Lithium is trading 4.2% lower this morning, in case you were wondering.