Android this the transaction? 10 June 2021 Acquisition of...

Android this the transaction?
10 June 2021 Acquisition of Scandium Minerals Rights at the Split Rocks Project in Western Australia.
The Option is subject to the payment by ARR of an option fee and milestone payments as follows:
A$50,000 within 7 days of execution (“Option Fee”; and
(a) A$400,000 worth of ARR shares within 6 months of execution;
(b) A$100,000 following an ARR ASX Release of a JORC Scandium Mineral Resource containing no less than 10m metric tonnes at an average grade of at least 50 ppm of scandium; and
(c) 5,000,000 ARR shares on the grant of a Scandium Mining Lease (“Milestone Payments”.
The Scandium Tenement is 100% owned by Zenith via a wholly owned subsidiary, Black Dragon Energy (Aus) Pty Ltd.
The Option is also subject to a commitment by ARR to fund exploration related expenditure of at least A$10,000 during the Option Period.
Upon exercising its Option to acquire the scandium project, ARR agrees to pay Zenith a royalty of 3% of the net smelter generated from any Scandium Minerals or Scandium Mineral Resources