The TSX Venture Exchange has accepted for filing documentation with respect to a non-arm's-length restructuring agreement, which included Maple Gold Mines Ltd.

The transaction resulted in the company obtaining legal title and a 100-per-cent ownership interest in the Douay and Joutel projects, located in Quebec, Canada.

The company granted a 1.0-per-cent net smelter return (NSR) royalty in respect of the joint venture (JV) assets, and granted to the counterparty the option to acquire a 50-per-cent ownership interest in all of company's right, title and interest in the JV assets.

For further details, please refer to the company's news releases dated June 20, 2024, Sept. 10, 2024, and Dec. 20, 2024.