The TSX Venture Exchange has accepted for filing documentation pertaining to a royalty purchase agreement dated Jan. 22, 2024, between Commander Resources Ltd. and an arm's-length purchaser, whereby the company sold the company's five royalties in Canada (the royalties asset). Under the terms of the agreement, the purchaser paid the company $4.1-million (U.S.) (the purchase price) in cash to complete the purchase of the royalties asset. The transaction is arm's length in nature, and the company paid finders' fees equal to 2 per cent of the purchase price.

For further details, please refer to the company's news releases dated Jan. 25, 2024, and June 3, 2024.