Elevra Lithium Ltd (ELVR) Form 6-K — Aug 7, 2026
Elevra Lithium Limited has completed the sale of all its rights, interests and obligations on tenement E45/2364 in Western Australia, known as Tabba Tabba in its exploration disclosure, to Wildcat Resources Limited. Under the agreement, Elevra receives total consideration of $16 million plus an ongoing royalty: A$5 million in cash at completion, A$8 million in Wildcat ordinary shares issued at $0.353 per share, and A$3 million in deferred cash payable six months after Wildcat announces a completed feasibility study, plus A$0.70 per tonne for each tonne of JORC Pegmatite Mineral Resource Wildcat announces on the tenement.
Key figures
- Deal Value Usd
- A$16 million total consideration (transaction denominated in AUD, plus contingent royalty)
- Deferred cash
- A$3 million payable six months after Wildcat announces a completed feasibility study
- Cash on completion
- A$5 million
- Contingent royalty
- A$0.70 per tonne of JORC Pegmatite Mineral Resource announced on E45/2364
- Share consideration
- A$8 million in Wildcat ordinary shares
- Wildcat share issue price
- $0.353 per share
AI analysis
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