Resolution Minerals Ltd. has disclosed an unsolicited offer from Snow Lake Resources Ltd to purchase the Horse Heaven Project for A$225 million. The company terminated its agreement with Dominari Securities LLC and appointed Roth Capital Partners as its new financial advisor. The transaction would be funded through Snow Lake shares, potentially leading to a NASDAQ listing for the project.
Resolution Minerals Ltd. (RML) has disclosed an unsolicited offer from Snow Lake Resources Ltd. (SNL) to purchase the Horse Heaven Project for A$225 million. The transaction would be funded through Snow Lake shares, potentially leading to a NASDAQ listing for the project. In a significant move, Resolution Minerals terminated its agreement with Dominari Securities LLC and appointed Roth Capital Partners as its new financial advisor.
The offer from Snow Lake Resources represents a substantial increase in the value of the Horse Heaven Project, which was previously valued at A$150 million. The transaction is expected to be funded through the issuance of 200 million Snow Lake shares, with an option for an additional 100 million shares upon the project's completion. This funding structure underscores Snow Lake's confidence in the project's potential and its commitment to advancing Resolution Minerals' growth.
Resolution Minerals' decision to terminate its agreement with Dominari Securities LLC and appoint Roth Capital Partners as its new financial advisor reflects a strategic shift in its financial advisory services. Dominari Securities, a subsidiary of Dominari Holdings Inc., had been providing advisory services to Resolution Minerals, but the company's recent performance and the need for specialized financial expertise in the crypto and traditional sectors led to this change.
The Horse Heaven Project is a significant asset for Resolution Minerals, and the transaction with Snow Lake Resources could significantly impact both companies' financial health and market presence. The potential NASDAQ listing for the project could provide Resolution Minerals with increased liquidity and visibility in the U.S. markets, while Snow Lake Resources would gain access to a high-value asset and potentially expand its operations.
For additional information about Resolution Minerals Ltd., please visit: [https://www.resolutionminerals.com](https://www.resolutionminerals.com)
For additional information about Snow Lake Resources Ltd., please visit: [https://www.snowlakeresources.com](https://www.snowlakeresources.com)
References:
[1] https://www.nasdaq.com/press-release/dominari-marks-inflection-point-second-quarter-2025-financial-results-2025-08-12
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