The TSX Venture Exchange has accepted for filing documentation pertaining to a share purchase agreement dated Feb. 13, 2024, between the company and Copper Road Resources Inc., whereby the company acquired all issued and outstanding shares of 100797918 Ontario Inc., a subsidiary of the vendor, which holds a 24,000-hectare brownfield copper-moly-silver-gold project located 80 kilometres north of Sault Ste. Marie, Ont.

Under the terms of the agreement, the company has agreed to acquire the target by issuing 108,087,669 common shares and paying $460,000 in cash. Additionally, the company paid Castlewood Capital Corp., which acted as an adviser to the target's acquisition, $20,000 and issued 2,064,841 common shares.

For further details, please refer to the company's news releases dated Feb. 27, 2024, April 30, 2024, and May 10, 2024.