The TSX Venture Exchange has accepted for filing documentation pertaining to an amalgamation agreement dated June 16, 2025, between TDG Gold Corp., a wholly owned subsidiary of the company (Newco) created for the purpose of effecting the amalgamation and Anyox Copper Ltd., whereby the company has acquired the Anyox copper project, located in British Columbia's Golden Triangle, by acquiring all issued and outstanding common shares of Anyox, through this three-cornered amalgamation.
According to the agreement, the company issued 54,559,565 common shares to former Anyox shareholders at a deemed price of 60 cents per share. Additionally, the company assumed two option agreements as part of this acquisition: the Hansa option agreement and the Moss option agreement. The Hansa option has been exercised, granting the underlying optionor a 1.0-per-cent net smelter return (NSR) royalty on the Hansa mineral claims. The company retains the option to acquire half of this royalty (a 0.5-per-cent royalty) for $5-million. The company will also pay $4-million to the underlying optionor conditional upon commencement of commercial production. The Moss option agreement, signed on July 8, 2025, allows the company to earn a 100-per-cent interest in the Moss property by incurring $5-million in staged expenditures over four years and an additional $2-million cash payment. Upon exercise, the Moss property will also be subject to the Hansa royalty terms, thereby consolidating the land package under consistent financial and operational conditions.
This transaction is non-arm's-length in nature and there is no finder's fee payable.
For further details, please refer to the company's news releases dated June 17, 2025, July 12, 2025, and July 14, 2025.
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