The TSX Venture Exchange has accepted for filing documentation with respect to the arm's-length acquisition of a 100-per-cent interest in the Dunlop property (three claims, located near La Ronge, Sask.). The vendor retains a 3-per-cent net smelter return (NSR) royalty, with the company having the right to purchase a 2.5-per-cent royalty for $2-million at any time.
Consideration: $250,000 cash, 1.6 million shares and $250,000 in work expenditures
For further details, please refer to the company's news release dated March 2, 2023.
© 2024 Canjex Publishing Ltd. All rights reserved.