The TSX Venture Exchange has accepted for filing documentation with respect to the arm's-length acquisition of 100-per-cent interest in the Island Pond property, which consist of one mineral licence that encompasses seven mineral claims, located in Newfoundland.
Cash ($) Securities Consideration
$30,000 1,000,000 common shares N/A
The property is subject to an existing 2.0-per-cent NSR (net smelter return) payable to the original underlying vendor, which can be repurchased for $1.5-million. The property will be subject to an additional 1.0-per-cent NSR payable to the current vendor.
No finder's fee was paid.
For further details, please refer to the company's news releases dated Oct. 14, 2025, and Oct. 30, 2025.
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