Gladiator Resources Ltd (ASX:GLA) (Gladiator or the Company) provides the following updates for its drilling
program at the Victoria Star prospect within the Company’s 100% owned Bendoc Gold Project and its proposed
acquisition of Zeus Resources (T) Limited (Zeus Resources) which holds five exploration licences prospective for
gold and Uranium over 1,170km2 of exploration tenements located in Tanzania, East Africa.
Tanzanian Exploration Portfolio Acquisition
As previously announced on 11 August 2021, the Company has agreed to acquire Tanzanian company Zeus
Resources which holds five applications to highly prospective exploration tenements in Tanzania, East Africa,
subject to Due Diligence. The Company has appointed lawyers in Tanzania to assist it with its Due Diligence and
is on track to complete the acquisition within the coming weeks subject to any Tanzanian regulatory approvals
which might be required. The Company is making arrangements to complete outstanding payments to finalise
the grant of the licenses and to take control of Zeus Resources so that work on the licenses can commence as
soon as possible. Further updates will be provided in due course.
