Americore Resources Corp. Announces Closing of Initial Payment Under Seka Claims Acquisition
Newsfile·2025-12-12 13:00
Core Points - Americore Resources Corp. has completed the initial cash payment and share issuance for the acquisition of Seka mineral claims from Nevada Hills Gold LLC [1][2] - The initial payment consists of US$100,000 in cash and 250,000 common shares, with a second payment of the same amount due 15 months after TSX Venture Exchange approval [2] - The vendor will retain a 0.5% Net Smelter Return (NSR) royalty on future mineral production, with potential buy-back terms to be negotiated [2] Transaction Details - The transaction was conducted at arm's length, and no finders' fees were paid [3] - Americore Resources Corp. is listed on the TSX Venture Exchange [3]