Green Critical Minerals Pty Ltd agreed to acquire Princhester Magnesite Project of Lachlan Star Limited (ASX:LSA) for AUD 0.14 million on February 21, 2022. At completion, GCM will pay a cash consideration of AUD 135 million, out of which AUD 35,000 made up of AUD 5,000 on the Mining Leases and AUD 30,000 under the financial provisioning scheme. The deal is pending regulatory approval and is expected to close by April 30, 2022.

Green Critical Minerals Pty Ltd cancelled the acquisition of Princhester Magnesite Project of Lachlan Star from Lachlan Star Limited (ASX:LSA) on July 21, 2022.