Ragged Range Mining Pty Ltd entered into a agreement to acquire 49% stake in Mooloogool Tenement from Zyber Holdings Limited (ASX:ZYB) for AUD 1 on September 25, 2015. The transaction is subject to shareholder approval, the consideration for the sale is cancellation of all debt and all current and future monies (including royalties) owed by Dourado Resources to Ragged Range Mining. As of October 28, 2015, the transaction has been approved by Directors of Zyber Holdings. As on November 30, 2015, the transaction was approved by the shareholders of Zyber Holdings. Ragged Range Mining Pty Ltd cancelled the acquisition of 49% stake in Mooloogool Tenement from Zyber Holdings Limited (ASX:ZYB) on February 28, 2017.