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Azucar Announces TSXV Approval of Option Agreement and Management Changes
Globenewswireยท2025-10-03 11:30

Group 1 - Azucar Minerals Ltd. has received approval from the TSX Venture Exchange for an Option-Joint venture exploration agreement with Almadex Minerals Ltd., allowing Azucar to acquire a 60% interest in three of Almadex's wholly owned claims in Nevada: Pilot, Confusion Hills, and Red Ring prospect [1] - Douglas McDonald has resigned from all roles within Azucar, including Director and Executive Vice President, effective October 2, 2025, but will remain in an advisory capacity to support succession initiatives and ongoing business activities [2] - Azucar is focused on exploration for porphyry copper and gold targets in Nevada, and also holds a 100% interest in the El Cobre copper-gold porphyry project in Mexico [3]