The TSX Venture Exchange has conditionally accepted for filing the property option agreement dated March 31, 2023, between the company and Nickel Rock Resources Inc. Pursuant to the terms of agreement, the company will acquire remaining 20-per-cent interest in the HN4 and the N100 mineral claims, located in British Columbia, for an aggregate 100-per-cent interest in the property. In consideration of the acquisition, the company has fully completed the terms of the underlying option agreement dated July 8, 2021, and has issued to the vendor one million common shares of the company.
The vendor will retain a 2-per-cent net smelter return (NSR) royalty on three certain claims on the project.
Insider/pro group participation: none
Finders' fees: none
For further information, please refer to the company's news releases dated March 31, 2023, April 3, 2023, and June 14, 2023.
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