Sterling Metals Announces Vertical Amalgamation

Sterling Metals Announces Vertical Amalgamation

 Sterling Metals Corp. (TSXV: SAG,OTC:SAGGF) (OTCQB: SAGGF) ("Sterling" or the "Company") is pleased to announce that effective as of 12:01 a.m. (EST) on December 31, 2025, it has completed a vertical short form amalgamation with its wholly-owned subsidiary, 17434006 Canada Inc. (the "Subsidiary").

The amalgamation of the Company and its Subsidiary was undertaken in order to simplify the corporate structure of the Company and to reduce administrative costs.

No securities of the Company will be issued in connection with the amalgamation and the Company's share capital will remain unchanged. All of the issued and outstanding shares of the Subsidiary will be cancelled, and the assets, liabilities and obligations of the Subsidiary will be assumed by the Company. The amalgamation will not have any significant effect on the business and operations of the Company and the shares of the Company will continue to be listed on the TSX Venture Exchange.

About Sterling Metals

Sterling Metals is a mineral exploration company focused on large scale and high-grade Canadian exploration opportunities. The Company is advancing the 25,000-hectare Soo Copper Project in Ontario which has past production, and multiple breccia and porphyry targets strategically located near robust infrastructure and the 29,000-hectare Adeline Project in Labrador which covers an entire sediment-hosted copper belt with significant silver credits. Both opportunities have demonstrated potential for important new copper discoveries, underscoring Sterling's commitment to pioneering exploration in mineral rich Canada.

Sterling Metals acknowledges that its exploration activities within the Soo Copper project are conducted on the traditional lands of the Batchewana, Garden River, and Michipicoten First Nations of the North Shore of Lake Superior. We recognize and respect the longstanding and diverse relationships Indigenous Peoples have with the land and are committed to engaging in a manner that is respectful, transparent, and inclusive.

For more information, please contact:

Sterling Metals Corp.
Mathew Wilson, CEO and Director
Tel: (416) 643-3887
Email: info@sterlingmetals.ca
Website: www.sterlingmetals.ca

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 release.

This news release contains certain "forward-looking information" within the meaning of applicable securities laws. Forward looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR
FOR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/279283

News Provided by Newsfile via QuoteMedia

SAG:CC
The Conversation (0)
Sterling Metals

Sterling Metals

New Silver Discoveries in Newfoundland

New Silver Discoveries in Newfoundland Keep Reading...
Rubenstein Public Relations Announces New Mining Client, Copper Intelligence

Rubenstein Public Relations Announces New Mining Client, Copper Intelligence

Rubenstein Public Relations (RPR) is pleased to announce the newest addition to its growing roster of mining clientele, Copper Intelligence, Inc. (OTC: AFDG), by President Richard Rubenstein. Copper Intelligence, Inc. is a U.S.-listed exploration company advancing high-grade copper and cobalt... Keep Reading...
Cascadia Commences 2026 Exploration at the Carmacks Project, Yukon

Cascadia Commences 2026 Exploration at the Carmacks Project, Yukon

Cascadia Minerals Ltd. ("Cascadia") (TSXV: CAM,OTC:CAMNF) (OTCQB: CAMNF) is pleased to announce the commencement of its fully-funded 2026 exploration program at its road-accessible Carmacks copper-gold project in central Yukon. Carmacks Exploration Plan Highlights15,000 m of diamond drilling now... Keep Reading...
Nuvau Minerals Announces Satisfaction of Post-Closing Payment to Glencore Under Earn-In Agreement

Nuvau Minerals Announces Satisfaction of Post-Closing Payment to Glencore Under Earn-In Agreement

Nuvau Minerals Inc. (TSXV: NMC,OTC:NMCPF) (the "Company" or "Nuvau") is pleased to announce that, further to its news release dated March 2, 2026, it has satisfied its post-closing payment under the second amended and restated earn-agreement dated January 28, 2026 (the "Earn-In Agreement") among... Keep Reading...
Awalé Reports New Discovery on 100%-Owned Ground with Multiple Shallow Intercepts, Including 17 Metres at 1.9 g/t Gold

Awalé Reports New Discovery on 100%-Owned Ground with Multiple Shallow Intercepts, Including 17 Metres at 1.9 g/t Gold

Highlights: Discovery made on Fremen, on Awalé's 100%-owned ground and 11 km along strike from the BBM target.1.9 g/t gold over 17m from 6m, including 2.3 g/t gold over 9m (SSAC-08).2.1 g/t gold over 12m from 32m, including 8.2 g/t gold over 1m (SSAC-07).1.1 g/t gold over 17m from 113m,... Keep Reading...
Correction to Quarterly Cash Flow Report

Correction to Quarterly Cash Flow Report

Metal Bank (MBK:AU) has announced Correction to Quarterly Cash Flow ReportDownload the PDF here. Keep Reading...
CoTec Announces Annual Stock Option, Restricted Share Unit And Deferred Share Unit Grants

CoTec Announces Annual Stock Option, Restricted Share Unit And Deferred Share Unit Grants

VANCOUVER, BC / ACCESS Newswire / May 1, 2026 / CoTec Holdings Corp. (TSXV:CTH,OTC:CTHCF)(OTCQB:CTHCF) ("CoTec" or the "Company") announces the grant of incentive stock options, restricted share units and deferred share units pursuant to the Company's Long Term Incentive Plan ("LTIP"), with an... Keep Reading...

Interactive Chart

Latest Press Releases

Related News