The TSX Venture Exchange has accepted for filing documentation pertaining to a property purchase agreement dated Sept. 21, 2026, between Visionary Copper and Gold Mines Inc., and an arm's-length vendor, whereby the vendor has sold an undivided 100-per-cent interest in three mineral licences, located in Newfoundland, to the company. As consideration for the property, the company has paid $10,000 in cash and issued 27,261 common shares of the company to the vendor at a deemed price of $1.46728 for a deemed value of $40,000.
The vendor will retain a 1-per-cent net smelter return (NSR) royalty on the property. The company has the right to purchase the entire 1-per-cent NSR royalty from the vendor for $1-million.
No finders' fees are payable in connection with the transaction.
For more information, please refer to the company's news releases dated Sept. 22, 2026, and Oct. 27, 2026.
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