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EV Resources Limited (ASX: EVR) has completed its binding agreement to acquire 70% of an operating Joint Venture over the Los Lirios Antimony Mine (El Lirio de los Valles mining concessions) in the state of Oaxaca, Mexico by establishing a wholly owned Mexican subsidiary Stibcorp, S.A. de C.V. and executing a binding Promissory Agreement for the Assignment of Mining Rights with the current titleholders.
This completes the conditions precedent set out in the Company’s announcement of 28 January 2025.
This transaction represents a key step in EVR’s strategy to secure early-stage access to antimony supply in the Americas, supporting the Company’s growing portfolio of critical mineral assets aligned with U.S. and allied strategic interests.
For further information including the terms of the transaction, please use the links below to read the ASX announcement.
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