Eastfield Resources Ltd. clarifies its Agreement to its Sell of Zymo and Indata Properties to Star Copper Corp.

Eastfield Resources Ltd. clarifies its Agreement to its Sell of Zymo and Indata Properties to Star Copper Corp.

(TheNewswire)

Eastfield Resources Ltd.
     

Vancouver, B.C., September 10, 2026 TheNewswire Eastfield Resources Ltd. (TSX-V: ETF) ("Eastfield" or the "Company ") clarifies its June 30, 2026 news release regarding the sale of its 100% interest in the Zymo mineral property and its 95.3% interest in the Indata mineral property to Star Copper Corp. (CSE: STCU) ("Star Copper") for 10,000,000 shares of Star Copper.

 

This transaction constitutes a Reviewable Disposition by Eastfield and is a non-arm's length transaction, given that William Morton, the President, CEO and a Director of Eastfield, is also a Director of Star Copper – Mr. Morton has accordingly recused himself from this transaction.

 

Notwithstanding disclosure in Eastfield's June 30, 2026 news release, the transaction is not a related party transaction.  Also, no finder's fees will be paid in connection with this transaction.

 

Eastfield will be seeking written consent of at least 50% of disinterested shareholders for this transaction pursuant to applicable TSX Venture Exchange Policy.  The transaction is also subject to TSX Venture Exchange acceptance.

 

Eastfield Resources Ltd.

 

Per:        David Douglas

        CFO and Director

  

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.  

 

For more information, please visit the Company's website at www.eastfieldresources.com

Copyright (c) 2026 TheNewswire - All rights reserved.

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