Casa Verde Holding Ltda agreed to acquire Morro Agudo Complex from Nexa Resources S.A. (NYSE:NEXA) for BRL 80 million on April 5, 2024. The consideration consists of BRL 80 million in cash. As part of the consideration, BRL 80 million was paid towards assets.

The Morro Agudo Complex, which encompasses the Morro Agudo and Ambrósia mines. The Bonsucesso project is not included in the Transaction and will remain in the Company?s portfolio of greenfield projects. The closing of this Transaction is subject to certain customary conditions precedent, such as a corporate restructuring of the assets comprising the Morro Agudo Complex.

José Elias de Pádua of Maneira Advogados advised Casa Verde Holding on the acquisition.