Calatos Pty Ltd LLC (‘Calatos’) was incorporated in the USA on 5 April 2017. Calatos owns the Milford Zinc-Gold Project in Utah, USA.
TAO Commodities was incorporated in Australia on 5 May 2017 for the purpose of acquiring Calatos and listing on the Australian Securities Exchange. TAO Commodities acquired 100% of the issued capital of Calatos pursuant to the terms and conditions of a share purchase agreement dated 23 May 2017 (and amended on 10 August 2017 and 30 October 2017).
In April 2021, TAO Commodities changed its name to Hyperion Metals.