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Emergent Metals Corp. Converts Lease to Ownership of 185 Mineral Claims at Golden Arrow, NV
Thenewswire· 2026-03-10 11:00
Core Viewpoint - Emergent Metals Corp. has successfully terminated a lease agreement with Maverix Metals, allowing its subsidiary, Golden Arrow Mining Corporation, to acquire ownership of 185 mineral claims known as the Baughman Claims, while Maverix retains a reserved royalty interest on these and additional claims [1][3]. Group 1: Lease Termination and Property Acquisition - Emergent's subsidiary, GAMC, has entered into a lease termination agreement with Maverix Metals, resulting in the transfer of 185 unpatented mineral claims to GAMC [1]. - Maverix NV retains a reserved royalty on the Conveyed Property and 292 additional claims, which includes an advance minimum royalty of US$25,000 per year and a 3% production net smelter returns royalty once production begins [2]. - GAMC has the option to acquire 1% of the NSR for US$1,000,000 at any time [2]. Group 2: Debt Conversion Agreement - To settle past due AMR payments, Emergent has agreed to issue 1,767,565 common shares to Maverix Canada at a deemed price of $0.11625 per share, converting US$150,000 in debt into equity [4]. - The issuance of shares is subject to a standard hold period of four months and one day under Canadian securities laws [4]. - Both the Debt Conversion and the Conversion Agreement require approval from the TSX Venture Exchange [5]. Group 3: Investor Relations and Marketing Agreement - Emergent has engaged Plutus Invest & Consulting GmbH for European-focused investor relations and digital marketing services [6][7]. - The agreement includes a budget of up to €250,000 over 12 months for strategic advisory and campaign management services, with no compensation payable until the agreement is accepted by the Exchange [10]. - Plutus and its principal are at arm's length from the Company, and neither owns any securities of Emergent [11]. Group 4: Company Overview - Emergent is focused on gold and base metal exploration in Nevada and Quebec, aiming to acquire quality assets and create shareholder value through various monetization strategies [12]. - The Golden Arrow Property is an advanced-stage gold and silver property with a defined resource and a major drilling program planned [13]. - Emergent also holds interests in several other properties, including copper and gold exploration sites in Nevada and Quebec [14][15].
Trident Resources Announces Purchase of Additional 4,711 Hectares at the Contact Lake Gold and Greywacke Gold Projects
Globenewswire· 2026-02-26 13:30
Core Viewpoint - Trident Resources Corp. has signed a mineral property purchase and sale agreement to acquire up to 100% interest in 7 mineral dispositions totaling approximately 4,711 hectares in the La Ronge Gold Belt, Northern Saskatchewan, Canada [1]. Acquisition Highlights - The acquisition is part of Trident's long-term growth strategy to expand its presence in the La Ronge Gold Belt, having increased its land holdings in the area by over 30% in the past year [3][4]. - The agreement includes a cash payment of C$5,000 on the closing date and a 2.0% net smelter returns royalty, which can be partially purchased by Trident for C$1,000,000 [4]. Agreement Terms - The agreement is subject to acceptance by the TSX Venture Exchange and is classified as a "related party transaction" due to the involvement of a director of both Trident and Eagle Plains [5]. - Trident is relying on exemptions from formal valuation and minority approval requirements under MI 61-101, as the transaction's fair market value is not more than 25% of the company's market capitalization [6]. Project Details - The newly acquired mineral dispositions are contiguous with Trident's core high-grade gold projects, Contact Lake and Greywacke Lake, and contain multiple high-priority targets aligned with the company's main assets in the La Ronge Gold Belt [10]. Company Overview - Trident Resources Corp. is a Canadian public mineral exploration company focused on the development, exploration, and acquisition of advanced-stage gold and copper projects in Saskatchewan, Canada [11].
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]