The TSX Venture Exchange has accepted for filing an acquisition agreement dated April 15, 2024, between GSP Resource Corp. and an arm's-length party. Pursuant to the terms of the agreement, the company may acquire two mineral claims, which comprise a total of 184.96 hectares, located in British Columbia. By way of consideration, the company will make a cash payment of $10,000 and will issue 100,000 shares to the seller. The property is subject to a 1-per-cent NSR (net smelter return) royalty in favour of the seller and the company has the option to buy the 1-per-cent royalty in consideration for $500,000 in cash paid to the seller.
For further details, please refer to the company's news release dated April 16, 2024.
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