Workflow
Mineral project acquisition
icon
Search documents
Silicon Metals Corp. Enters Share Purchase Agreement for the Acquisition of the Crystal Hills Project
Newsfile· 2025-11-26 10:00
Core Viewpoint - Silicon Metals Corp. has entered into a definitive share purchase agreement to acquire 100% interest in the Crystal Hills Project, enhancing its portfolio in high-quality silica mining in Ontario [1][4]. Transaction Details - The acquisition involves issuing 2,000,000 common shares at a deemed price of $0.065 per share and a cash payment of $85,000 to the shareholders of the target company [1][4]. - Upon completion, Silicon Metals will have 49,716,690 shares outstanding [1]. Project Overview - The Crystal Hills Project is located in Clarkson Township, Ontario, covering approximately 400 hectares with five mineral claims [4]. - The project features a high purity crystalline quartzite formation with over 98% SiO2 content, making it favorable for future extraction [4][8]. - Accessibility is enhanced by established access roads and proximity to highways and rail services [4]. Management Commentary - The CEO of Silicon Metals expressed excitement about the acquisition, indicating plans for an initial work program and a positive outlook for the mining sector [8]. Regulatory and Compliance Aspects - The transaction is subject to approval from the Canadian Securities Exchange (CSE) and includes customary representations and warranties [10]. - Related party considerations are noted, as a director of the company is also a shareholder of the target, with exemptions from formal valuation and minority shareholder approval requirements being applied [11][12]. Company Background - Silicon Metals Corp. focuses on exploration and development in Canada, with other projects including the Maple Birch Project and the Ptarmigan Silica Project [14].
Copper Quest signs definitive agreement to acquire Kitimat copper-gold project
Yahoo Finance· 2025-10-30 14:29
Copper Quest Exploration has signed a definitive agreement to acquire a 100% interest in the Kitimat copper-gold project in British Columbia, Canada. The project is situated roughly 10km north-west of Kitimat and spans around 2,954 hectares (ha) within the Skeena mining division in the north-western region of British Columbia. It is accessible throughout the year via logging and mineral exploration roads that lead from Kitimat. The property boasts good infrastructure, located within 10km of tide-water, ...
Trident Resources Announces Option Agreement to Acquire Strategic Claims from Edge Geological Consulting Within the La Ronge Gold Belt
Globenewswire· 2025-10-22 21:00
Vancouver, BC, Oct. 22, 2025 (GLOBE NEWSWIRE) -- Trident Resources Corp. (TSX-V: ROCK) (OTCQB: TRDTF) (“Trident” or the “Company” or the “Optionee”) is pleased to announce that it has signed a  Property Option Agreement dated October 21, 2025 (the “Agreement”) with Edge Geological Consulting Inc.(“Edge” or the “Optionor”) pursuant to which the Company has the right to acquire up to 100% interest in 17 individual mineral dispositions from 5 separate claim blocks that total 5,525 hectares (ha) within the Long ...
TSX-V: TT Signing of the Asset Purchase Agreement for Two Gold Projects
Thenewswire· 2025-10-20 11:47
 October 20, 2025 – TheNewswire - Vancouver, BC - Total Metals Corp. (“Total Metals” or the “Company”) (TSX-V: TT) (FSE: O4N) is pleased to announce that it has entered into a definitive Asset Purchase Agreement (the “Agreement”) with McFarlane Lake Mining Limited (“McFarlane”) pursuant to which the Company will acquire 100% of McFarlane’s right, title, and interest in the High Lake and West Hawk Lake gold projects located near Kenora, Ontario (the “Transaction”).Under the terms of the Agreement, Total Met ...