Republic Services(US:RSG) Globenewswire·2025-12-12 23:04Core Viewpoint - Rocky Shore Gold Ltd. has successfully completed the acquisition of the Brady Property and made the initial payment under the Huxter Lane Option Agreement, indicating strategic growth in its exploration portfolio [1][2][3]. Group 1: Acquisition Details - The company made a cash payment of $75,000 and issued 1,000,000 common shares to the vendor for the Brady Property acquisition [2]. - The vendor retains a 0.5% Net Smelter Return (NSR) which can be repurchased by Rocky Shore for $250,000, and there is an underlying 2% NSR that can be repurchased for $1,000,000 [2]. - For the Huxter Lane Option Agreement, an initial payment of $100,000 in cash was made, along with the issuance of 2,000,000 common shares [3]. Group 2: Stock Options - The company granted 5,100,000 incentive stock options to officers, directors, and consultants, each exercisable into one common share at an exercise price of $0.20 for a five-year term [4]. - Half of the options vest immediately, while the remaining half will vest on December 12, 2026, and are subject to a four-month hold period [4]. Group 3: Company Overview - Rocky Shore Gold is a Canadian exploration company focused on expanding its gold deposits and discovering major gold zones at its 100%-owned Gold Anchor Project, located in central Newfoundland [6]. - The Gold Anchor Project is the second-largest property in an emerging gold district, covering over 1,200 square kilometers and hosting two large porphyry-controlled gold deposits [6].