The TSX Venture Exchange has accepted for filing documentation with respect to the arm's-length acquisition of a 100-per-cent interest in six mineral claims located in Newfoundland, Canada. The property is subject to a 2-per-cent net smelter royalty (NSR), of which 1 per cent is payable to the vendor and 1 per cent is payable to an underlying NSR. The purchaser shall have the right to purchase one-half of the NSR by paying $500,000 to the vendor and $500,000 to the holders of the underlying NSR.
Cash ($) Securities Work expenditures
$10,000 300,000 common shares N/A
No finder's fee was paid.
For further details, please refer to the company's news release dated June 13, 2025.
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