As of June 17, 2021, Future Metals NL was acquired by Future Metals NL, in a reverse merger transaction. Future Metals NL, together with its subsidiaries, engages in the oil and gas exploration and project identification activities. It holds interest in the Panton PGM Project that covers an area of approximately 23 square kilometers. The company was formerly known as Red Emperor Resources NL and changed its name to Future Metals NL in June 2021. Future Metals NL was incorporated in 2007 and is based in West Perth, Australia.