The TSX Venture Exchange has accepted for filing documentation with respect to the arm's-length acquisition of a 100-per-cent interest in West Cameron gold project, located in Kenora mining district, Ontario, Canada. The property consists of 82 claims, with mineral rights.
By way of consideration, the company will make a staged cash payment of $75,000 to the vendor and issue a maximum of 303,030 shares, in the aggregate, to the vendor, totalling $150,000 value, priced at a 10-day trading average at the time of issuance, subject to a minimum deemed price of 24.75 cents per share.
The property is subject to a 2-per-cent net smelter return (NSR) royalty in favour of the vendor. This NSR can be reduced from 2 per cent to 1 per cent, by paying the vendor a one-time lump-sum payment of $500,000 at any time.
For further details, please refer to the company's news releases dated Feb. 3, 2026, March 12, 2026, and March 17, 2026.
© 2026 Canjex Publishing Ltd. All rights reserved.