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Caprice Resources Limited (ASX:CRS)

ALERT: Price-sensitive ASX Announcement for CRS
Current share price for CRS : $0.079 -0.003 (-3.66%)+
Announcement
Release
3 Jul 2026 8:19AM
Price at Release
$0.082
Full Release
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Summary
Maverick Minerals Australia Ltd has completed the acquisition of the Viper Project tenements from Caprice Resources Ltd. The acquisition includes 8 granted tenements and 7 applications in the West Arunta region. An initial cash consideration of $2,700,000 was paid with potential additional shares if Maverick commences exploration. The transaction includes a joint venture where Maverick holds a 75% interest, while Caprice retains 25%. Additionally, Maverick will cover certain costs until a decision to mine is made. A facilitation fee was issued to Wolf Like Me Pty Ltd, consisting of shares and options.
Key Points
  • Maverick completed acquisition of Viper Project tenements.
  • Initial cash consideration paid was $2,700,000.
  • Additional $190,000 payable in shares if exploration starts.
  • Joint venture formed with Maverick holding 75% interest.
  • Facilitation fee paid to Wolf Like Me Pty Ltd in shares and options.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.