RE: Parklands (Antipa)19 Sep 2024 12:12
Page 40 of the AIM Admission document... this is what we are buying off Newmont.
Target Assets
Pursuant to the Acquisition Agreement, the Sellers have agreed to sell, and the Buyers have agreed to buy, the Target Assets. The Target Assets include the following assets owned by the Sellers at Acquisition Completion:
• the Telfer Production Tenements; Telfer infrastructure (including the gas-fired power station, processing plant and other mine infrastructure located at Telfer); Telfer mine property, plant and equipment; the Sellers’ interests in Telfer mine contracts; the Telfer mine approvals and permits capable of transfer; and all other assets, tenements and properties related to the Telfer mine (“Telfer Mine Assets”), which are proposed to be acquired by Greatland Pty Ltd;
• the Sellers’ 70% interest in the Havieron Tenements and other Havieron JV assets (“Havieron Assets”) which are proposed to be acquired by Greatland Pty Ltd;
• the Telfer Exploration Tenements, which are located in proximity to Telfer and within the Paterson Province, and associated assets (“Telfer Exploration Assets”), which are proposed to be acquired by Greatland Exploration Pty Ltd;
• the Sellers’ 51% interest in the Juri Tenements and the Juri JV (“Juri Sale Interest”), which are proposed to be acquired by Greatland Juri Pty Ltd;
• 410,264,785 ordinary shares in Antipa and 27,075,000 unlisted Antipa share options with an exercise price of A$0.02 per option, which are proposed to be acquired by Greatland Holdings Group Pty Ltd; and
• the Sellers’ rights and interest under the Wilki FIA and related agreements (“Wilki Interests”), which are proposed to be acquired by Greatland West Pty Ltd. The acquisition of the Wilki Interests is subject to Antipa’s consent. Completion of the acquisition of the remaining Target Assets is not conditional on the transfer of the Wilki Interests.