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Oscillate PLC has agreed to acquire Kalahari Copper Limited, which includes exploration licences in Namibia and Botswana. The acquisition is expected to position Oscillate in the Kaoko Basin and Kalahari Copper Belt, areas deemed historically underexplored.

The deal involves an initial cash payment of £500,000 and shares equating to 30% of Oscillate's capital upon AIM market admission. Further milestone payments of £1.5 million will occur based on project developments.

Andrew Benitz will join as a Non-Executive Director, and Richard James has been appointed as CFO. This acquisition aligns with Oscillate's strategy to exploit rising copper demand.