Mineral exploration and acquisition
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Naughty Ventures Agreed to Acquire "White Wolf East" and "White Wolf West" Claim Blocks Directly Adjoining Prospector Metal's High-Grade ML Discovery in the Yukon
Newsfile· 2025-12-10 12:00
Core Viewpoint - Naughty Ventures Corp. has entered into a mineral property purchase agreement to acquire two claim blocks, White Wolf East and White Wolf West, located in Yukon, which are strategically positioned adjacent to Prospector Minerals Corp.'s high-grade ML Project discovery [1][2]. Acquisition Details - The acquisition includes a total of 150 mineral claims, with White Wolf West comprising 65 contiguous claims to the west and White Wolf East consisting of 85 contiguous claims to the east of Prospector's ML Project [6]. - The total consideration for the acquisition is $40,000 and the issuance of 2,200,000 common shares at a deemed price of $0.085 per share, subject to a four-month hold period [9]. Strategic Importance - This acquisition positions Naughty Ventures as the only company holding land directly flanking both sides of Prospector's high-grade system, which is seen as a significant opportunity for exploration [2][7]. - The CEO of Naughty Ventures emphasized the importance of being adjacent to existing discoveries, indicating that this strategic move could provide meaningful exposure to a potentially significant exploration play in Yukon [7]. Prospector Minerals' Discovery Highlights - Prospector Minerals has reported several significant drill results in 2025, including: - A new mineralized corridor with 45.65 meters grading 2.11 g/t Au and 0.48% Cu [6]. - A major discovery at the TESS Zone with hole ML25-31 returning 44 meters of 13.79 g/t Au and 1.84% Cu, including a high-grade interval of 24.65 meters [6]. - Additional standout intercepts from Skarn Ridge, including 61.45 g/t Au over 1.9 meters and 141 g/t Au over 0.5 meters [6]. Closing Conditions - The closing of the acquisition is subject to receiving necessary consents and approvals, including from the Canadian Securities Exchange, and the satisfaction of customary closing conditions [11].
Kesselrun Resources Announces Filing and Mailing of Special Meeting Materials in Connection with Proposed Arrangement with Gold X2 Mining Inc.
Newsfile· 2025-10-23 22:53
Core Points - Kesselrun Resources Ltd. has filed a management information circular and related materials for a special meeting regarding a proposed arrangement with Gold X2 Mining Inc. [1][2] - The arrangement involves Gold X2 acquiring all issued and outstanding common shares of Kesselrun, with shareholders receiving approximately $0.0213 in cash and approximately 0.2152 of a common share of Gold X2 for each share held [2][3] - The board of directors recommends shareholders vote in favor of the arrangement resolution [3] Meeting Details - The special meeting is scheduled for November 21, 2025, at 10:00 a.m. in Vancouver, BC, with only shareholders of record as of October 15, 2025, eligible to vote [4] - Due to a Canada Post labor strike, there may be delays in the delivery of meeting materials to shareholders [5] - Meeting materials are available on Kesselrun's profile on SEDAR+ and their website [6] Voting Information - Shareholders can vote directly or by proxy, and assistance is available through Kesselrun's proxy solicitation agent [8][12] - Voting methods differ for registered shareholders and beneficial shareholders [9]