Galileo Resources (AIM:GLR) said all conditions precedent have been met under its conditional share purchase agreement covering two Kalahari Copper Belt licences.
The buyer is Metal Capital Exploration, a wholly owned subsidiary of ASX-listed Sandfire Resources, with Sandfire acting as guarantor for the $3 million deal.
Galileo, an AIM-listed exploration and development company, entered the agreement on 15 June.
Completion is now anticipated on or around 30 September.
