The TSX Venture Exchange has accepted for filing documentation with respect to the non-arm's-length acquisition of a 100-per-cent interest in the Kinskuch property, located in northwestern British Columbia's Golden Triangle. The company will issue 1,351,963 shares to the non-arm's-length vendor to satisfy the $5-million consideration for the property. The property is subject to a 2.0-per-cent net smelter return (NSR) royalty in favour of the vendor, of which 1.0 per cent can be bought back for $5-million cash.
No finder's fee was paid.
For further details, please refer to the company's news releases dated May 5, 2025, and May 26, 2025.
© 2025 Canjex Publishing Ltd. All rights reserved.