KNOW RESOUTS COMPLETE THE SALE OF THE NONHAN GOLD project in Capricorn Metals

Knowing Resources has completed the sale of his project Neren Gold Project in the southern region of Murchison in Western Australia in Capricorn Metals in a $ 1.6 million agreement.

The end of the transaction follows the terms established in the sales agreement and purchase of assets signed by companies last month.

KNOW has received an additional amount of $ 1.5 million in Capricorn shares, adding -in the initial $ 100,000 deposit in cash.

Royalty shares that grant a royalty of 1% net -casting (NSR) have been established for the sale of minerals extracted from five of the six points associated with the Neren Gold project.

Additionally, a higher rate of Royalties of 1.5% has been established for specific property E59/2402.

The CEO of knowing Resources, Jon Dugdale, said: “Know how to have completed the sale of the Golden Project Ninghan in Capricorn Metal and having received $ 1.5 million from Capricorn shares, as well as $ 100,000 previously paid.

“Another payment of $ 250,000 in cash or Capricorn shares in the previous part of a drilling program, or on May 9, 2026, takes the initial value of the transaction at $ 1.85 million. This causes you to know in a very good financial position to advance your basic exploration projects and look for other opportunities.

“The agreement also provides an exposure to the success of the Capricorn exploration through payments and contingent royalties.”

Capricorn has committed up to $ 1.5 million in payments of contingent milestones to know. $ 750,000 is included in declaring a Mineral Resource Estimation, which meets Jorc of more than 50,000oz, and another $ 750,000 when deciding to start commercial mining operations on the site.

The Neren Gold project covers approximately 77 km² and is located 20 km northeast of the MT Gibson Gold in Capricorn.

Capricorn has identified seven exploration goals within the Neren Gold project.

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