The
TSX Venture Exchange has accepted for filing documentation the sale and purchase agreement dated Aug. 18, 2023, between the company and a non-arm's-length party. Pursuant to the terms of agreement, the company has acquired a 100-per-cent interest in the Decelles and Mazerac projects, located in Quebec. As consideration for the acquisition, the company issued to 17.65 million common shares of the company to the vendor.
At the time of the original filing, the company disclosed that the parties had a common director, which qualifies the transaction to be non-arm's length according to TSX Venture Exchange policy.
For further details, please refer to the company's news releases dated Aug. 24, 2023, April 9, 2024, Oct. 31, 2024, and Oct. 10, 2025.
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