TSX Venture Exchange has accepted for filing documentation with respect to the arm's-length acquisition of a 100-per-cent interest, or rights to acquire a 100-per-cent interest (including interests in certain joint venture arrangements), in or with respect to mineral claims known as the American Creek property (which consists of the Mountain Boy property, the Silver Crown property and the Dorothy property), the BA property, the Theia property and the Red Cliff property. The properties are located in the Golden Triangle area of northwestern British Columbia.
Consideration: 486,072 common shares
The vendor will also be granted a 1.0-per-cent net smelter return (NSR) royalty on each of the American Creek property, the BA property, the Theia property and the Silver Crown property. The vendor will not receive any NSR on the Red Cliff property or the Dorothy property. The company will be assuming all and any rights and/or obligations under an existing Red Cliff property JV agreement, and all and any rights and/or obligations under an existing Dorothy option agreement.
No finder's fee was paid.
For further details, please refer to the company's news releases dated May 15, 2025, and June 27, 2025.
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