The TSX Venture Exchange has accepted for filing documentation of a purchase agreement dated Aug. 23, 2023, between the two arm's-length parties and Kesselrun Resources Ltd. Pursuant to the agreement, the company has the option to acquire 100 per cent of the owner's right, title and interest into the property on the Bluffpoint gold project, consisting of four mineral claims located in Northwestern Ontario.

As consideration, the company has agreed to make a cash payment of $6,000 and issue 400,000 common shares at closing.

In addition, the vendor has a 1-per-cent royalty with a $500,000 buy-down option to eliminate the 0.5-per-cent royalty.

For further details, please refer to the company's news release dated Sept. 13, 2023.