Strategic Minerals Limited
Announced that further to the announcement dated 27 June 2019, it has settled the acquisition of New
Age Exploration Limited's (NAE) 50.0% holding in Cornwall Resources Limited (CRL). The company
has settled the acquisition of NAE's 50.0% holding in CRL on the basis that, in lieu of the original
structured cash components, the company made an initial A$290,000 payment, taking total cash paid
to A$300,000 and agreeing an 11 month payment schedule for the balance of A$2,700,000.