The TSX Venture Exchange has accepted for filing documentation the property option agreement dated Feb. 18, 2026, between the company and an arm's-length party. Pursuant to the terms of the agreement, the company has acquired the right to earn a 100-per-cent interest in the 175-hectare Mount Raymond South claim located in New Brunswick for total consideration of 675,000 common shares of the company at a deemed price of 6.375 cents per share, aggregate cash payments of $82,500 and $200,000 in qualifying exploration expenditures over a three-year period.
The property is subject to a 2-per-cent net smelter return royalty.
For further details, please refer to the company's news release dated March 11, 2026.
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