Trigg Minerals Limited (ASX:TMG) entered into a binding agreement to purchase Rush Resources Limited on September 15, 2023. Trigg Minerals will issue 56.7 million shares in two tranches comprising 38.3 million shares on completion and 18.3 million shares subject to an operational milestone of 2,000 metres of drilling and a minimum intersection of 20 metres at 1g/t Au being achieved within two years at the Drummond Project for the Rush acquisition and also the Project Acquisition Agreement. Corporate director Tim Morrison will be appointed as Chairman on deal completion. Completion is subject to approval by shareholders of Rush Resources and Trigg, capital raising by Trigg, acquisition of the Drummond Project, cancellation of all outstanding options in Rush and regulatory approvals. The transaction is expected to complete on October 26, 2023.

Trigg Minerals Limited (ASX:TMG) completed the acquisition of Rush Resources Limited for AUD 0.47 million on November 14, 2023.