Americore Resources Corp. Amends Acquisition Terms with Nevada Hills Gold LLC

Core Viewpoint - Americore Resources Corp. has amended the acquisition agreement with Nevada Hills Gold LLC for certain mineral claims in Nevada, USA, indicating a strategic growth move for the company's mineral portfolio [1][5]. Summary by Sections Acquisition Terms - The new consideration for acquiring 100% of the Vendor's rights includes a US$100,000 cash payment and the issuance of 250,000 common shares upon TSX Venture Exchange approval, followed by another US$100,000 cash payment and 250,000 common shares 15 months after approval [9]. - The Vendor retains a 0.5% Net Smelter Return (NSR) royalty, which may be subject to buy-back rights by the Company in the future [2][9]. Regulatory and Compliance - All securities issued under the amended agreement will have a statutory four-month hold period as per applicable securities laws and Exchange policies [3]. - The transaction is classified as non-arm's length under Exchange policies, and no finder's fees will be paid [3]. Conditions and Strategic Importance - Completion of the acquisition is contingent upon customary conditions, including Exchange approval, with no assurance that the acquisition will be finalized as proposed [4]. - The amended agreement does not change the previously disclosed material terms of the transaction, reinforcing its strategic importance to Americore's Nevada mineral portfolio [5]. Company Overview - Americore Resources is focused on advancing the Trinity Silver Project in Nevada, which has significant expansion potential and is led by a team with a strong track record in exploration and resource development [6].