Regal Partners Limited (ASX: $RPL) Acquisition Announcement

Regal Partners Limited (ASX: $RPL) has announced the acquisition of the limited liability membership interests in Taurus Resources Fund III, LLC and Taurus Resources Fund No.2 LLC from Taurus Funds Management. The total consideration for this transaction amounts to US$15.9 million and is payable by Regal on a deferred basis. The completion of the transaction is expected in the coming days.

Executive Commentary on the Acquisition

We are pleased to have finalized the acquisition of the LP Interests in the Taurus Resources Funds. This transaction marks a significant step for Regal Partners as we continue to expand our presence in the alternative investment management space. The acquisition aligns with our strategic goals and further strengthens our position as a leading provider of alternative investment strategies in Australia and Asia.

Summary of Regal Partners Acquisition Announcement

Regal Partners Limited (ASX: $RPL) has successfully entered into binding transaction documents to acquire the LP Interests in the Taurus Resources Funds from Taurus Funds Management. The total consideration for the transaction amounts to US$15.9 million, payable by Regal on a deferred basis. This acquisition reflects Regal's commitment to expanding its investment portfolio and solidifying its position in the alternative investment management sector. The completion of the transaction is anticipated in the coming days, further contributing to Regal's growth and strategic objectives.