Tivan makes deferred payment at Molyhil

Key points

• Tivan completes first deferred payment of $875,000 in cash and $875,000 in shares.
• Payment made in relation to 2025 Molyhil Tungsten Project acquisition.
• 3,837,383 shares issued to vendors, with half subject to six-month escrow.
• Strong progress in project and approval processes with NT Government and CLC.

Full summary

Tivan Limited (ASX: TVN) has completed the first deferred payment of $1.75 million for the Molyhil Tungsten Project acquisition, which was finalized in January 2026. The payment comprises $875,000 in cash and $875,000 in Tivan shares, with half of the shares subject to a six-month escrow. The acquisition consideration totals $8.75 million, with the remaining deferred payments scheduled for the next two years. The company has also made significant progress in project development and regulatory approvals with the Northern Territory Government and Central Land Council.