重点
— Buru 同意将其在 Barbwire Terrace 基本金属项目中的 50% 权益出售给 Sipa Resources Limited。
出售对价为 0.6% 的净冶炼厂回报特许权使用费。Buru

Energy Limited（Buru，公司）建议其全资子公司 Battmin Pty Ltd（Battmin）同意将其在 Barbwire Terrace 基本金属项目中的 50% 权益出售给 Sipa Resources Limited（Sipa）。Battmin

和 Sipa 已达成买卖协议 (SPA)，据此 Battmin 同意将其在两个已授予的 Barbwire Terrace 矿权区 E04/2674 和 E04/2684（“矿权区”）中的 50% 权益出售给 Sipa。交易于 2025 年 1 月 23 日完成，Sipa 由此获得矿权区的 100% 所有权。

作为转让的对价，Sipa 同意向 Battmin（或其指定的相关法人团体）授予矿权使用费。Sipa 向 Battmin 支付的特许权使用费比率为未来生产净冶炼厂收益的 0.6%。特许权使用费契约反映了行业标准条款，Sipa 保留了一次性支付 60 万美元回购特许权使用费的权利。矿权转让需

获得常规监管部门的批准。

首席执行官 Thomas Nador 先生表示：
“与 Sipa 的此次交易反映了 Buru 去年年底宣布的剥离和货币化非核心资产的战略，使 Buru 能够将其活动和资本集中在 Rafael 项目的开发上。”我感谢 Sipa 管理层自 2021 年以来在与我们合资运营 Barbwire Terrace 基本金属项目中所发挥的作用和努力，并祝愿他们在进一步的勘探和商业化方面取得成功。”

授权
本 ASX 公告已获得 Buru Energy 主席授权发布。

Highlights
• Buru agrees to sell its 50% interest in the Barbwire Terrace Base Metal Project to Sipa Resources Limited.
• Consideration being received for the sale is a 0.6% Net Smelter Return royalty.

Buru Energy Limited (Buru, Company) advises that its wholly owned subsidiary, Battmin Pty Ltd (Battmin), has agreed to divest its 50% interest in the Barbwire Terrace Base Metal Project to Sipa Resources Limited (Sipa).

Battmin and Sipa have entered into a Sale and Purchase Agreement (SPA), whereby Battmin has agreed to sell its 50% interest in the two granted Barbwire Terrace tenements E04/2674 and E04/2684 (“Tenements”) to Sipa. The transaction was completed on 23 January 2025 upon which Sipa assumed 100% ownership of the Tenements.

As consideration for the transfer Sipa has agreed to grant to Battmin (or its nominated Related Body Corporate) a royalty in respect of the Tenements. The rate of royalty payable by Sipa to Battmin is 0.6% of the Net Smelter Return from future production. The Royalty deed reflects standard industry terms, with Sipa having retained the right to buy back the Royalty for a one-off payment of $0.6 million.

The transfer of the Tenements is subject to customary regulatory approvals.

The CEO Mr Thomas Nador said:
“This transaction with Sipa reflects Buru’s strategy to divest and monetise its non-core assets as announced late last year, to enable Buru to focus its activities and capital on the development of the Rafael Project. I thank Sipa’s management for its role and efforts in operating the Barbwire Terrace Base Metal Project in joint venture with us since 2021 and wish them further exploration and commercialisation success.”

Authorisation
This ASX announcement has been authorised for release by the Chair of Buru Energy.