Americore Resources Corp. Issues Correction Regarding Nevada Mineral Claim Acquisition

Core Points - The company issued a correction regarding its acquisition transaction with Nevada Hills Gold LLC, clarifying that it is an Arm's Length transaction, contrary to the previous statement [1][2] - The company confirmed that there are no common directors, officers, control persons, or insider relationships with the vendor that would classify the transaction as Non-Arm's Length [2] - The transaction maintains the previously announced amended commercial terms, including no finder's fees and a statutory four-month hold period for issued securities [3][4] Transaction Details - The transaction involves a cash payment of US$100,000 and the issuance of 250,000 common shares upon Exchange approval [7] - An additional cash payment of US$100,000 and 250,000 common shares will be issued 15 months after Exchange approval [7] - The vendor retains a 0.5% NSR royalty on future production, with a potential for an NSR buy-back right to be negotiated in the future [7]