19:28:42 EDT Thu 21 May 2026
Enter Symbol
or Name
USA
CA



Canadian Goldfields Discovery Corp
Symbol CGM
Shares Issued 95,133,035
Close 2026-05-21 C$ 0.455
Market Cap C$ 43,285,531
Recent Sedar+ Documents

Canadian Goldfields acquisition of Newton gold property

2026-05-21 18:21 ET - Property Agreement

The TSX Venture Exchange has accepted for filing an amalgamation agreement dated April 28, 2026, between the company's wholly owned subsidiary, 1001584629 Ontario Corp., and Newton Gold Corp., which owns the Newton gold property. The property comprises two patented mining claims located in Ontario, Canada. By way of consideration, the company will issue 12.5 million common shares at a deemed price of 43 cents per share, subject to resale restrictions. The property is subject to a 2-per-cent NSR (net smelter return) royalty, of which 1 per cent can be repurchased for $1.5-million, as well as a second 1.5-per-cent NSR royalty which can be repurchased in its entirety for $500,000.

No finder's fee was payable as part of the transaction.

For further details, please refer to the company's news releases dated April 28, 2026, and May 20, 2026.

© 2026 Canjex Publishing Ltd. All rights reserved.