The TSX Venture Exchange has accepted for filing documentation with respect to the arm's-length acquisition of a 1.5-per-cent net smelter return (NSR) royalty on certain staked mining claims in the company's 100-per-cent-owned Munro-Croesus project and the Timmins South property, both located in the province of Ontario. The consideration to be paid by the company to the vendors for the purchased royalties is 50,000 common shares in the capital of the company at a deemed price of $1.336 per share.
Consideration: 50,000 common shares
There was no finder's fee payable.
For further details, please refer to the company's news release dated Dec. 3, 2025.
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