Barra Resources Limited (ASX:BAR) agreed to acquire Coolgardie Mining Company Pty Ltd. from Kidman Resources Limited (ASX:KDR) for AUD 0.12 million on November 13, 2017. Under the terms of the sale, Barra will pay Kidman an upfront fee of AUD 0.12 million and a royalty of AUD 20 per oz for the first 55,000 Oz's sold from the Burbanks mine. The sale will be subject to standard terms and conditions.

Barra Resources Limited (ASX:BAR) completed the acquisition of Coolgardie Mining Company Pty Ltd. from Kidman Resources Limited (ASX:KDR) on December 20, 2017.