Strategic review for Kairos portfolio

Kairos Minerals has initiated a high-level strategic review of the company’s mineral project portfolio, assets, as well as costs across the board.

The review will assess the Western Australian explorer’s Pilbara lithium and gold assets along with the Roe Hill project to determine the best avenues for maximising shareholder value, be it through further exploration, onboarding strategic/cornerstone partners, joint venture arrangements, assets sales or assets spin-off.

It will be carried out by Corporate & Resource Consultants (CRC) for a period of six months. CRC will also assist KAI in the identification and recruitment of suitable management who have technical expertise in the lithium and gold sectors.

In addition to a monthly retainer fee, CRC will be issued with 50 million unlisted options in KAI, exercisable at $0.05 and expiring on 1 May, 2026.

CRC has experience in a wide range of mineral commodities, geological locations and all stages of a company’s development. Companies that started their journey to success from CRC’s offices, and those that CRC principals have advised. include De Grey Mining, Perseus Mining and AVZ Minerals.

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