The TSX Venture Exchange has accepted for filing documentation with respect to the arm's-length acquisition of a 100-per-cent interest in the Dash Lake gold-copper project. By way of consideration, the company will make cash payments totalling $75,000, incur $500,000 in exploration expenditures and issue 300,000 shares. Upon receipt of regulatory approval, a $15,000 cash payment will be made and 50,000 shares will be issued. Any share payments that become issuable under the terms of the agreement will be based on a 10-day trading average immediately preceding the date of issuance, subject to a minimum deemed issue price of 23.25 cents per share. The property is subject to a 2.0-per-cent net smelter return (NSR) royalty in favour of the optionor.
Consideration: $75,000 cash, 300,000 common shares and $500,000 in work expenditures
There is no finder's fee payable in connection with this transaction.
For further details, please refer to the company's news releases dated May 26, 2026, and May 29, 2026.
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