PYBAR have just purchased Challenger Gold mine with WPG

read KCN latest announcement this morning surely they kind find more money for UML

Highlights

•   WPG Resources Ltd (ASX: WPG and WPGO) and Diversified Minerals Pty Ltd (DMPL), an entity related to the PYBAR Group (PYBAR), have jointly exercised the option to acquire the Challenger gold mine and associated exploration assets in South Australia from Kingsgate Consolidated Limited (KCN);
•   WPG and DMPL will enter into a 50/50 JV with WPG appointed as manager and PYBAR Mining Services Pty Ltd as preferred mining contractor, to operate the mining project; and
•   DMPL has agreed to subscribe for a strategic investment in WPG by way of a placement of 25,806,452 shares at 3.1 cents per share that will raise $800,000.