M2R.ASX: Randalls Tenement Option Exercised

Randalls Tenement Option Exercised

Stock	Miramar Resources Ltd (M2R.ASX)
Release Time	24 Oct 2025, 8:21 a.m.
Price Sensitive	Yes

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Miramar Exercises Randalls Tenement Option

Key Points

Miramar Resources has exercised option to acquire 100% interest in Exploration Licence Application E25/654
Acquisition is a condition of sale agreement to sell Randalls Project to Future Battery Minerals Ltd
Licence being acquired from Debnal Pty Ltd as previously announced

Full Summary

Miramar Resources Limited (ASX:M2R) has formally exercised its option to acquire a 100% interest in Exploration Licence Application E25/654. This exercise of the option was a condition of the binding sale agreement to sell the Company's Randalls Project to Future Battery Minerals Ltd, which was announced on 22nd October 2025. The licence is being acquired from Debnal Pty Ltd, as previously announced on 20th May 2024. Miramar Resources is an active, WA-focused mineral exploration company exploring for gold, copper and Ni-Cu-PGE deposits in the Eastern Goldfields and Gascoyne regions of Western Australia. The Company aims to create shareholder value through the discovery of high-quality mineral deposits, with a Board that has a track record of successful discovery, development and production within Australia, Africa, and North America.