PC2.ASX: PC Gold Settles Acquisition of Camp at Spring Hill

PC Gold Settles Acquisition of Camp at Spring Hill

Stock	PC2.ASX (PC2.ASX)
Release Time	16 Jul 2026, 6:13 p.m.
Price Sensitive	Yes

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PC Gold Settles Acquisition of Camp at Spring Hill

Key Points

Settlement of acquisition of former Territory Iron camp
Infrastructure includes 16 accommodation blocks and office facilities
Acquisition expected to reduce lead times and capital requirements

Full Summary

PC Gold Ltd has completed the acquisition of the former Territory Iron accommodation camp in Pine Creek, Northern Territory. The camp, located 30 minutes from the Spring Hill Gold Project, includes 16 accommodation blocks, office facilities, storage infrastructure, and full utility connections. The total purchase consideration is A$770,000 plus GST, comprising A$475,000 in cash and A$295,000 in fully paid ordinary shares. The acquisition is expected to significantly reduce development lead times and capital requirements while supporting ongoing exploration, feasibility, and development activities at Spring Hill.

Guidance

None

Outlook

The acquisition is expected to provide substantial economic and operational benefits to the Spring Hill Gold Project and the broader Pine Creek community.