The TSX Venture Exchange has accepted for filing documentation with respect to the arm's-length acquisition of a 100-per-cent interest in 10,200 hectares of additional mineral claims (the McVicar agreement area) located in subprovince of Ontario.
Under the terms of the agreement, the company shall issue shares $250,000 in common shares of the company and a cash payment of $100,000 to the vendors. In addition, the company will grant a 1-per-cent net smelter return royalty on the acquired claims, of which a 0.5-per-cent royalty may be repurchased by the company at any time for a one-time cash payment of $1-million.
For further details, please refer to the company's news release dated March 26, 2026.
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