Mineral Road to Acquire Additional Interest in Golcap Resources

Core Viewpoint - Mineral Road Discovery Inc. has announced an agreement to acquire an additional 2,000,000 shares of Golcap Resources Corp., representing 6.2% of GCP, in exchange for 5,000,000 units of ROAD, valued at $0.10 per unit [1] Group 1: Acquisition Details - The acquisition involves a Share Purchase Agreement with a related party seller, controlled by a director of the Company [2] - Each ROAD unit consists of one common share and one share purchase warrant, allowing the holder to purchase one common share of ROAD at an exercise price of $0.20 for the next two years [1] - The transaction is classified as a "related party transaction" under Multilateral Instrument 61-101, with exemptions from formal valuation and minority shareholder approval requirements due to the transaction's fair market value not exceeding 25% of the Company's market capitalization [2] Group 2: Regulatory and Compliance - The closing of the acquisition is subject to the Company's filing requirements with the Canadian Securities Exchange (CSE) and may require CSE approval [3] - The common shares and warrants issued will be subject to a four-month hold period in accordance with applicable securities laws [3]