Core Points - Chesapeake Gold Corp has completed the sale of its Tatatila gold-copper project in Veracruz, Mexico to Mexican Gold Mining Corp, acquiring 4,451,361 common shares, representing 14.99% of Mexican Gold's outstanding shares [1][2] - In addition to the shares, Chesapeake received a 1.5% net smelter return royalty, which Mexican Gold can repurchase for U.S.$500,000 within ten years [2] - The acquired shares are subject to a lock-up period, with 25% being released every six months, fully releasing the shares after 2.5 years [3] Company Actions - Chesapeake acquired the shares for investment purposes and will monitor Mexican Gold's business and financial condition, with potential plans to acquire or sell additional securities in the future [4] - An early warning report regarding the transaction will be filed on SEDAR+ [5] Company Overview - Chesapeake Gold's flagship asset is the Metates Project in Durango State, Mexico, which contains over 16.77 million ounces of gold and 423.2 million ounces of silver in the Measured and Indicated Mineral Resource category [6]