The TSX Venture Exchange has accepted for filing documentation with respect to the arm's-length acquisition of an option to acquire a 100-per-cent undivided interest in the 166-square-kilometre Benson property, located 15 kilometres east of Quesnel, B.C. By way of consideration, the company will make cash payments totalling $100,000 and will issue two million common shares. The property is subject to a 2-per-cent net smelter return (NSR) royalty in favour of the vendor, of which a 1-per-cent royalty may be repurchased by the company for $1-million
There is no finder's fee payable pursuant to this transaction.
For further details, please refer to the company's news releases dated Jan. 17, 2025, and Oct. 6, 2026.
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