Metals X Limited (ASX:MLX) reached agreement to acquire E25/268 and MLA 25/357 covering the Georges Reward Project at Bulong in Western Australia from Gold Pty Ltd. and Northern Mining Ltd (ASX:NMI) for AUD 4.5 million in cash on July 10, 2015. Northern Mining Limited owns 79% stake and Balagundi Pty Ltd 21% stake in the projects. The proceeds of sale will boost the Northern Mining Ltd's cash position to AUD 9 million and the Northern Mining will concentrate on developing and growing its other tenements and projects going forward. Cogent Communications Pte Ltd acted as PR advisor in the deal.

Metals X Limited (ASX:MLX) completed the acquisition of E25/268 and MLA 25/357 covering the Georges Reward Project at Bulong in Western Australia from Gold Pty Ltd. and Northern Mining Ltd (ASX:NMI) in July 2015.