10:55:11 EDT Thu 03 Jul 2025
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save
Minaurum Gold Inc
Symbol MGG
Shares Issued 396,712,674
Close 2025-06-25 C$ 0.245
Market Cap C$ 97,194,605
Recent Sedar Documents

Minaurum Gold closes Lone Mountain project acquisition

2025-06-25 20:48 ET - News Release

Subject: Minaurum News Release Word Document

File: '\\swfile\EmailIn\20250625 174531 Attachment June 25 2025 - Minaurum Announces Closing of Lone Mountain CRD Project Acquisition.docx'

NEWS RELEASE

MINAURUM GOLD INC.

FOR RELEASE: June 25, 2025 TRADING SYMBOL TSX.V: MGG

Minaurum Announces Closing of Lone Mountain CRD Project Acquisition

Minaurum Gold Inc. ("Minaurum" or "the Company") (TSXV: MGG) (OTCQX:MMRGF) is pleased to announce that, further to its news releases dated October 2, 2024 and June 3, 2025, it has closed its acquisition (the "Acquisition") of a 100% registered and beneficial interest in the Lone Mountain carbonate replacement deposit ("CRD") project (the "Project") located on the Battle Mountain-Eureka Trend in Nevada, USA pursuant to the option agreement with Nevada Zinc Corp. ("Nevada Zinc") dated July 24, 2024, as amended.

In consideration of the Acquisition, Minaurum issued 3,846,893 common shares (the "Payment Shares") to Nevada Zinc and paid a cash fee of $100,000. The Payment Shares are subject to: (a) a four-month and one day statutory hold period in accordance with applicable securities laws; and (b) a contractual restriction on transfer, pursuant to which Nevada Zinc may not sell more than 500,000 Payment Shares per week following expiry of the statutory hold period.

For more information, please visit the Lone Mountain CRD Interactive Map Project Page:

https://minaurum.com/projects/lone-mountain/

Follow us and stay updated:

YouTube: https://www.youtube.com/user/MinaurumGold

X: @minaurumgold

LinkedIn: https://www.linkedin.com/company/minaurum-gold-inc

Subscribe to our email list at www.minaurum.com

Minaurum Gold Inc. (MGG | TSX Venture Exchange; MMRGF | OTC; 78M Frankfurt) is an Americas-focused explorer concentrating on the high-grade 100% owned, production-permitted Alamos silver project in southern Sonora Mexico and the Lone Mountain CRD Project in Nevada. Minaurum is managed by one of the strongest technical and finance teams and will continue its founders' legacy of creating shareholder value by acquiring and developing a pipeline of Tier-One precious-and base metal projects.

ON BEHALF OF THE BOARD

"Darrell A. Rader"

Darrell A. Rader

President and CEO

For more information, please contact:

Sunny Pannu - Investor Relations and Corporate Development Manager

(778) 330 0994 or via email at pannu@minaurum.com

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

___________________________________________________________________________

1570- 200 Burrard Street Telephone 1 778 330-0994

Vancouver, BC V6C 3L6 www.minaurum.com

info@minaurum.com

© 2025 Canjex Publishing Ltd. All rights reserved.