Strategic Transaction with Silver Lake

What's happened?

Black Cat Syndicate (ASX: BC8, “Black Cat”) has entered into a binding acquisition terms sheet (“Acquisition”) to acquire two gold projects from Silver Lake Resources Limited (“Silver Lake” (ASX:SLR)), subject to the satisfaction of certain conditions.

What are the key highlights?

The two projects subject to Acquisition are:

1. The Fingals Gold Project (“Fingals”) located ~30 kms south east of Black Cat’s Bulong Gold Project (“Bulong”); and
2. the Rowe’s Find Gold Project (“Rowe’s Find”) located ~100km east of Bulong and surrounded by Black Cat’s EL28/2809 tenement.

Please refer to the announcement linked below for more information.