The TSX Venture Exchange has accepted for filing documentation with respect to the arm's-length disposition of the company's Cabin Lake gold project, pursuant to a sale and purchase agreement between the company, FIN Resources (Canada) Ltd. and FIN Resources Ltd.
Pursuant to the terms of the agreement, the company will sell the property to the purchaser for consideration of $300,000 (Australian) cash and 30 million common shares of the purchaser, subject to a royalty interest in favour of the company and with additional contingent consideration payable to the company upon the purchaser achieving certain milestones.
In connection with the disposition, the company will pay finders' fees of 5 per cent to an arm's-length finder.
For further details, please refer to the company's news releases dated Oct. 30, 2025, Nov. 14, 2025, and March 2, 2026.
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