The TSX Venture Exchange has accepted for filing documentation with respect to the arm's-length acquisition of the Barker Bay gold property pursuant to a mineral claim purchase agreement. Pursuant to the terms of the agreement, the company will issue 1.25 million shares to vendor, pay $5,300 in cash and grant a 2-per-cent net smelter return (NSR) royalty in order to complete the acquisition of the property. The property consists of a 100-per-cent interest in 65 mineral tenures in the Kenora mining division, Northwestern Ontario, Canada.
Consideration: $5,300 cash and 1.25 million common shares
For further details, please refer to the company's news releases dated Nov. 5, 2025, Dec. 5, 2025, and Dec. 29, 2025.
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