The TSX Venture Exchange has accepted for filing documentation with respect to the arm's-length disposition of a 100-per-cent interest, or 100-per-cent rights, in 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. The company will receive 486,072 shares at a deemed price of $3.59 per share of the purchaser and will 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 company will not receive any NSR on the Red Cliff property or the Dorothy property. The purchaser will be assuming all and any rights and/or obligations under an existing Red Cliff property joint venture (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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