Royalty Dispute with Estrella
Released
Released
Announcement PDF
ASX Announcement
ASX:WIN
13 September 2024
Alleged Royalty Dispute with Estrella
Resources Ltd
On 27 August 2024 WIN Metals Ltd (ASX: WIN) (“WIN” or “the Company”) announced the sale of a portion of
WIN’s lithium and nickel interests in the Munda tenement (M15/87) to Auric Mining Ltd (ASX:AWJ) (Auric) and
Widgie Gold Pty Ltd.
On 6 September 2024 the Company received a notice from Estrella Resources Ltd (ASX:ESR) (Estrella)
alleging a potential dispute with WIN and its wholly owned subsidiary Mount Edwards Critical Metals Pty Ltd
in relation to certain compliance matters relating to the assignment provisions of a royalty deed associated
with M15/87. Estrella announced the notice on the same day and prior to any discussion with WIN.
WIN considers the steps taken by Estrella to be premature and the allegations to be without merit. Whilst WIN
is confident that Estrella’s concerns are misplaced, the Company nonetheless looks forward to resolving the
alleged issues quickly and amicably with Estrella in the near future.
Approved by: The Board of Directors
-ENDS-
For further details please contact:
Steve Norregaard
Media Enquiries
Managing Director
Fiona Marshall
WIN Metals
White Noise Communications
steve@winmetals.com.au
fiona@whitenoisecomms.com
0472 621 529
0400 512 109
ABN 77 648 687 094
Level 4, 220 St Georges Tce
Perth, WA 6000
PO BOX 7713
Cloisters Square WA 6850
T: +61 8 6381 7250
F: +61 8 6381 7299
info@winmetals.com.au
www.winmetals.com.au
ASX:WIN
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