TSX Venture Exchange Stock Maintenance Bulletins

TSX Venture Exchange Stock Maintenance Bulletins

TSX VENTURE COMPANIES

LUCA MINING CORP. ("LUCA ")
[formerly Altaley Mining Corporation ("ATLY ")]
BULLETIN TYPE:  Name Change
BULLETIN DATE: March 17, 2023
TSX Venture Tier 1 Company

Pursuant to a Directors' Resolution dated February 23, 2023 , the Company has changed its name as follows.  There is no consolidation of capital.

Effective at the opening March 21, 2023 , the common shares of Luca Mining Corp. will commence trading on TSX Venture Exchange, and the common shares of Altaley Mining Corporation will be delisted.  The Company is classified as a 'Mining' company.

Capitalization:

Unlimited common  shares with no par value, 100,000,000Class "A" Preferred Shares, and 100,000,000 Class "B" Preferred Shares of which


35,603,243  common shares are issued and outstanding

Escrow:

Nil



Transfer Agent:

Computershare Investor Services Inc.

Trading Symbol:

LUCA (new)

CUSIP Number:

54929M106 (new)

________________________________________

GOLDEN SKY MINERALS CORP. ("AUEN")
BULLETIN TYPE:  Plan of Arrangement, Substitutional Listing, Delist
BULLETIN DATE: March 17, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange Inc. (the "Exchange") has accepted for filing documentation in connection with an arrangement agreement dated December 13, 2022 , among Golden Sky Minerals Corp. (the "Company") and its wholly-owned subsidiary Thunderbird Minerals Corp. ("Spinco") pursuant to which the parties completed a plan of arrangement under the provisions of the Business Corporations Act ( British Columbia ) (the "Plan of Arrangement").

The Company transferred the following assets to Spinco under the Plan of Arrangement:

(i)

all of the Company's legal and beneficial interests in the Bullseye, Argo and Eagle Mountain
properties and related assets; and

(ii)

$355,000 cash,


(collectively, the "Assets").


As consideration for the Assets, Spinco issued the number of common shares of Spinco ("Spinco Shares") equal to 0.5 of the number of issued and outstanding common shares in the capital of the Company (the "Company Shares").

Under the Plan of Arrangement, the Company (i) re-classified and re-designated its existing common shares as "Class A shares" (the "Class A Shares"); (ii) created a new class of common shares (the "New Company Shares"); and (iii) distributed to the shareholders of the Company (A) one New Company Share and (B) 0.5 of one Spinco common share for every one Class A Share held.

The Exchange has been advised that approval of the Plan of Arrangement by the Company's shareholders was received at a special meeting of shareholders held on January 26, 2023 and that approval of the Arrangement was received from the Supreme Court of British Columbia on January 30, 2023.  The Plan of Arrangement was completed on March 17, 2023 using letters of transmittal.

No Spinco shares will be listed on the Exchange on closing of the Plan of Arrangement; however, Spinco may at a later date make a separate application to the Exchange for the listing of the Spinco shares.

The full particulars of the Plan of Arrangement are set forth in the Company's management information circular dated December 19, 2022, which is available under the Company's profile on SEDAR.

Substitutional Listing:

In accordance with the above-referenced Plan of Arrangement, the Company's shareholders who previously held Common Shares (the "Old Shares") will have their Old Shares redesignated as Class A Shares and exchanged on a one for one basis for New Company Shares. Accordingly, the New Company Shares will be listed on the Exchange at the market opening on Tuesday, March 21, 2023 .

Capitalization:

Unlimited   common shares with no par value of which


19,674,613   common shares are issued and outstanding

Escrowed Shares:

nil



Transfer Agent:

Computershare Investor Services Inc.

Trading Symbol:

AUEN (UNCHANGED)

CUSIP Number:

381186105 (NEW)


Delist:

In conjunction with the closing of the Plan of Arrangement, the Old Shares of the Company will be delisted from the Exchange.  Accordingly, effective at the close of business, Monday, March 20, 2023 the Old Shares of the Company will be delisted.

________________________________________

SONORAN DESERT COPPER CORPORATION . ("SDCU")
[Formerly Prime Meridian Resources Corp . ("PMR")]
BULLETIN TYPE: Name Change, Symbol Change
BULLETIN DATE: March 17, 2023
TSX Venture Tier 2 Company

Pursuant to the resolution passed by the directors on January 20, 2022 , the Company has changed its name and symbol as follows. There is no consolidation of capital.

Effective at the opening on Tuesday, March 21, 2023 , the common shares of Sonoran Desert Copper Corporation will commence trading on TSX Venture Exchange and the common shares of Prime Meridian Resources Corp. will be delisted. The Company is classified as a 'Mining' company.

Capitalization:

UNLIMITED      Common Shares with no par value of which


79,053,062 shares are issued and outstanding

Escrow:

Nil         shares



Transfer Agent:

TSX Trust Company

Trading Symbol:

SDCU (New)

CUSIP Number:

83569N108 (New)

______________________________________

SMARTSET SERVICES INC. ("SMAR.P ")
BULLETIN TYPE: Resume Trading
BULLETIN DATE: March 17, 2023
TSX Venture Tier 2 Company

Effective at the open, Tuesday March 21, 2023 , trading in the shares of Smartset Services Inc. (the "Company") will resume.

Further to the Company's news releases dated February 6, 2023 and March 16, 2023 , the Company will not be proceeding with its proposed qualifying transaction with GBM Resources Ltd. and Great Southern Gold Corp.

________________________________________

SOURCE ROCK ROYALTIES LTD. ("SRR ") ("SRR.WT")
BULLETIN TYPE:  Declaration of Dividend
BULLETIN DATE: March 17, 2023
TSX Venture Tier 1 Company

The Issuer has declared the following dividend:

Dividend per common share: $0.015
Payable Date: April 14, 2023
Record Date: March 31, 2023
Ex-dividend Date: March 30, 2023

________________________________________

23/03/17 - TSX Venture Exchange Bulletins

TSX VENTURE COMPANIES

Brunswick Exploration Inc. ("BRW")
BULLETIN TYPE:  Private Placement- Brokered
BULLETIN DATE: March 17, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced on February 13, 2023 :

Number of Shares:

8,823,530 units. Each unit consists of one common share of the Company and one half of one common share purchase warrant



Purchase Price:

$0.85 per unit



Warrants:

4,411,764 share purchase warrants to purchase 4,411,764 common shares



Warrant Exercise Price:

$1.25 per common share at any time on or before March 9, 2026



Number of Placees:

50 placees


Insider / Pro Group Participation: Nil


Aggregate Cash Amount

Aggregate #

of Shares

Aggregate #

of Warrants

Underwriters' Fee:

$450,000.03

Nil Share

264,705 Broker Warrants


Broker Warrants Terms: Each broker warrant entitles the holder to purchase one common share at an exercise price of $0.85 at any time on or before March 9, 2026 .

The Company issued a news release on March 9, 2023 confirming closing of the private placement. Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.

Brunswick Exploration Inc. (« BRW »)
TYPE DE BULLETIN : Placement privé par l'entremise d'un courtier
DATE DU BULLETIN : Le 17 mars 2023
Société du groupe 2 de TSX Croissance

Bourse de Croissance TSX a accepté le dépôt de la documentation de la société en vertu d'un placement privé par l'entremise d'un courtier annoncé le 13 février 2023 :

Nombre d'actions:

8 823 530 unités. Chaque unité inclus une action ordinaire de la société et d'un demi-bon de souscription d'action ordinaire



Prix :

0,85 $ l'unité



Bons de souscription :

4 411 764 bons de souscription permettant de souscrire à 4 411 764 actions ordinaires



Prix d'exercice des bons :

1,25 $ par action ordinaire à tout moment au plus tard le 9 mars 2026



Nombre de souscripteurs:

50 souscripteurs


Participation d'initiés / Groupe Pro: Aucun


Montant total en espéces ($)

# total d'actions

# total de bons de souscription

Honoraire des preneurs fermes:

450 000,03 $

Aucun

264 705 bons de souscription de courtier


Modalités des bons de souscription de courtier : chaque bon de souscription de courtier permet de souscrire une action ordinaire à un prix d'exercice de 0,85 $ à tout moment au plus tard le 9 mars 2026.

La société a confirmé la clôture du placement privé dans un communiqué de presse daté du 9 mars 2023. Notez que dans certaines circonstances, la Bourse peut ensuite prolonger la durée des bons de souscription, s'ils sont inférieurs à la durée maximale autorisée.

________________________________________

EDGEWATER WIRELESS SYSTEMS INC. ("YFI ")
BULLETIN TYPE:  Warrant Term Extension
BULLETIN DATE: March 17, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:

Private Placement:



# of Warrants:

6,985,752



Original Expiry Date of Warrants:

March 30, 2023 (as to 6,316,405 warrants)


April 26, 2023 (as to 669,347 warrants)



New Expiry Date of Warrants:

March 30, 2024 (as to 6,316,405 warrants)


April 26, 2024 (as to 669,347 warrants)



Exercise Price of Warrants:

$0.23 (Unchanged)


These warrants were issued pursuant to a private placement of 6,985,752 shares with 6,985,752 share purchase warrants attached, which was accepted for filing by the Exchange effective May 6, 2021 .

________________________________________

EDGEWATER WIRELESS SYSTEMS INC. ("YFI ")
BULLETIN TYPE:  Warrant Term Extension
BULLETIN DATE: March 17, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has consented to the extension in the expiry date of the following warrants:

Private Placement:



# of Warrants:

10,238,881



Original Expiry Date of Warrants:

April 1, 2023 (as to 9,681,189 warrants)


April 26, 2023 (as to 557,692 warrants)



New Expiry Date of Warrants:

April 1, 2024 (as to 9,681,189 warrants)


April 26, 2024 (as to 557,692 warrants)



Exercise Price of Warrants:

$0.23 (Unchanged)


These warrants were issued pursuant to a private placement of 10,238,881 shares with 10,238,881 share purchase warrants attached, which was accepted for filing by the Exchange effective May 6, 2021 .

________________________________________

G2 GOLDFIELDS INC. ("GTWO ")
BULLETIN TYPE:  Halt
BULLETIN DATE: March 17, 2023
TSX Venture Tier 2 Company

Effective at  1:00  p.m. PST, March 16, 2023 , trading in the shares of the Company was halted, pending news; this regulatory halt is imposed by Investment Industry Regulatory Organization of Canada , the Market Regulator of the Exchange pursuant to the provisions of Section 10.9(1) of the Universal Market Integrity Rules.

________________________________________

G2 GOLDFIELDS INC. ("GTWO ")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE: March 17, 2023
TSX Venture Tier 2 Company

Effective at 6:30   a.m. PST, March 17, 2023 , shares of the Company resumed trading, an announcement having been made.

________________________________________

GROUNDED LITHIUM CORP. ("GRD ")
BULLETIN TYPE:  Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 17, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to the arm's length acquisition of 33 sections of land (the "Property"), consisting of approximately 8,498 hectares, located in the Kindersley Lithium Project in western Saskatchewan . As total consideration for the Property, the Company will provide the vendor with $175,000 in cash and further issue 779,557 common shares ("Common Shares") in the capital of the Company, subject to certain escrow terms, at a deemed price of approximately $0.32 per Common Share.

For further details, please refer to the Company's news releases dated March 1, 2023 and March 16, 2023 .

________________________________________

HIRE TECHNOLOGIES INC. ("HIRE")
BULLETIN TYPE:  Private Placement-Non-Brokered
BULLETIN DATE: March 17, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on December 2, 2022 , December 23, 2022 and January 13, 2023 :

Number of Shares:

16,667,000 common shares



Purchase Price:

$0.03 per common share



Warrants:

N/A



Warrant Exercise Price:

N/A



Number of Placees:

34 placees

Insider / Pro Group Participation:






Placees

# of Placee (s)

Aggregate # of Shares




Aggregate Existing Insider Involvement:

2

1,400,000

Aggregate Pro Group Involvement:

8

4,888,335


Aggregate Cash Amount

Aggregate #

of Shares

Aggregate #

of Warrants

Finder's Fee:

$32,640

N/A

N/A


The Company issued a news release on December 23, 2022 and March 1, 2023 confirming closing of the private placement.

________________________________________

PACTON GOLD INC. ("PAC")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE: March 17, 2023
TSX Venture Tier 2 Company

Effective at 12:15 p.m. PST , March 16, 2023 , shares of the Company resumed trading, an announcement having been made.

________________________________________

SABIO HOLDINGS INC. ("SBIO")
BULLETIN TYPE:  Normal Course Issuer Bid
BULLETIN DATE: March 17, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has been advised by the Company that pursuant to a Notice of Intention to make a Normal Course Issuer Bid dated February 22, 2023 , it may repurchase for cancellation, up to 754,571 shares in its own capital stock.  The purchases are to be made through the facilities of the TSX Venture Exchange or other recognized marketplaces during the period of March 22, 2023 to March 21 , 2024.  Purchases pursuant to the bid will be made by Beacon Securities Limited on behalf of the Company.

For more information, please refer to the Company's news release dated March 17, 2023 .

________________________________________

SUMMA SILVER CORP. ("SSVR ")
BULLETIN TYPE:  Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: March 17, 2023
TSX Venture Tier 2 Company

Further to the TSX Venture Exchange's bulletin dated March 23, 2022 , regarding two amended and restated mining lease agreements between multiple mining claim owners (the "Lessors"), a subsidiary of Allegiant Gold Ltd., and a subsidiary of the Company, TSX Venture Exchange has accepted documentation pertaining to the second-year lump sum payments for these two amended lease agreements. The total amount of the second year's payment is $98,425 , consisting of US$71,582 in cash and US$26,843 (CAD$36,785) to be paid in shares at a deemed price of CAD$0.6448 per share, amounting to 57,049 shares.

Insider / Pro Group Participation:                                                                                None

Finders' Fees:                              None

This acquisition is considered an Arm's Length transaction.

For further information, please reference the Company's news release dated March 23, 2022 and March 16, 2023 .

___________________________________

TORQ RESOURCES INC. ("TORQ ")
BULLETIN TYPE:  Private Placement-Brokered
BULLETIN DATE: March 17, 2023
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Brokered Private Placement announced on March 1, 2023 :

Number of Shares:

10,433,899 shares



Purchase Price:

$0.60 per share



Warrants:

5,216,949 share purchase warrants to purchase 5,216,949 shares



Warrant Exercise Price:

$0.80 for a three-year period


Number of Placees:                   59 placees

Insider / Pro Group Participation:






Placees

# of Placee (s)

Aggregate # of Shares




Aggregate Existing Insider Involvement:

2

124,966

Aggregate Pro Group Involvement:

5

325,100




Agent's Fee:

Paradigm Capital Inc.- $198,341.20 cash and 330,569 broker warrants
Red Cloud Securities Inc.- $126,217.13 cash and 210,362 broker warrants
Beacon Securities Limited - $36,062.04 cash and 60,103 broker warrants

Each broker warrant is non-transferable and exercisable into one common share of the Company at a price of $0.60 per share for a period of 24 months from the closing date.

The Company issued a news release on March 10, 2023 , confirming closing of the private placement. Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.

________________________________________

TRILLIUM GOLD MINES INC. ("TGM ")
BULLETIN TYPE:  Resume Trading
BULLETIN DATE: March 17, 2023
TSX Venture Tier 2 Company

Effective at  12:15 p.m. PST, March 16, 2023 , shares of the Company resumed trading, an announcement having been made.

________________________________________

VIOR INC. ("VIO")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement, Correction
BULLETIN DATE: March 17, 2023

TSX Venture Tier 2 Company

Further to TSX Venture Exchange's bulletin dated March 16, 2023 , the Bulletin should have stated as follows:

TSX Venture Exchange has accepted for filing the documentation relating to an acquisition agreement (the "Agreement") dated 3 mars 2023, between the Vior Inc. (the "Company") and Sphinx Resources Ltd. ("Sphinx"), in connection with the acquisition of a 100% interest in a block of 35 claims located near its Belleterre gold project in exchange for a cash payment of $15,000 and the issuance of 60,000 common shares of the Company.

For further information, please refer to the Company's press release dated March 7, 2023 .

VIOR INC. (« VIO »)
TYPE DE BULLETIN : Convention d'achat de propriété d'actif ou d'actions, Correction
DATE DU BULLETIN : Le 17 mars 2023

Société du groupe 2 de TSX Croissance

Suite au bulletin de Bourse de croissance TSX daté du 16 mars 2023, le bulletin aurait dû se lire comme suit :

Bourse de croissance TSX a accepté le dépôt de documents relativement à une entente d'acquisition (l'« entente ») datée du 3 mars 2023, entre la Vior Inc. (la « société ») et Ressources Sphinx ltée (« Sphinx »), dans le cadre de l'acquisition d'un intérêt de 100 % dans un bloc de 35 claims situés à proximité de son projet aurifère Belleterre en échange d'un paiement en espèces de 15 000 $ et de l'émission de 60 000 actions ordinaires de la société.

Pour plus d'information, veuillez-vous référer au communiqué de presse émis par la société le 7 mars 2023.

____________________________________________

SOURCE TSX Venture Exchange

Cision View original content: https://www.newswire.ca/en/releases/archive/March2023/17/c0054.html

News Provided by Canada Newswire via QuoteMedia

BRW:TCM
Brunswick Exploration

Brunswick Exploration Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
Brunswick Exploration (TSXV:BRW)

Brunswick Exploration


Keep reading...Show less

Exploring Diverse, Highly Prospective Lithium Projects in Canada

Brunswick Exploration Consolidates Mirage Ownership

Brunswick Exploration Consolidates Mirage Ownership

Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; FRANKFURT:1XQ; " BRW " or the " Company ") is pleased to announce the consolidation of its ownership covering a group of eight mining claims at the Mirage project pursuant to a purchase and sale agreement dated August 15, 2025, with General Partnership Osisko Baie James ("Osisko Baie James"). Brunswick Exploration now owns 100% of the mining claims across the Mirage project.

To acquire such rights, Brunswick has agreed to renounce to its option to acquire a 90% undivided interest in the Plex property, pursuant to the third amendment to option agreement, dated August 15 2025, between Brunswick and Osisko Baie James.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Greenland Lithium Pegmatite Field Significantly Expanded by Brunswick Exploration

Greenland Lithium Pegmatite Field Significantly Expanded by Brunswick Exploration

Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; FRANKFURT:1XQ; " BRW " or the " Company ") is pleased to announced that it has identified the country's largest spodumene pegmatite trend. The discovery of multiple new spodumene-bearing pegmatites significantly expands the Ivisaartoq lithium pegmatite field, which was discovered last year on the Nuuk license. This major trend now extends over a strike length of approximately 2 kilometres.

"The discovery of this two-kilometre by three-hundred-metre area of spodumene bearing dykes is a testament to BRW's systematic and efficient approach," said Killian Charles, BRW's President and CEO. "I would like to personally thank the BRW team, Xploration Services Greenland A/S, the Geological Survey of Denmark and Greenland, and the Greenland Mineral Resource Authority for their dedication and support."

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Brunswick Exploration Has Now Identified Four Major New Dykes in 2025 at Mirage

Brunswick Exploration Has Now Identified Four Major New Dykes in 2025 at Mirage

Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; " BRW " or the " Company ") is pleased to report the final set of results obtained as part of the 2025 Winter drill campaign conducted on its Mirage Project. The Mirage Project is located in the Eeyou Istchee–James Bay region of Quebec, approximately 40 kilometers south of the Trans-Taiga Road. This press release primarily focuses on the drilling work carried out in the eastern extension of the MR-6 dyke and the "Stacked Dyke" zone.

Highlights include:

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Extensive Greenland Lithium Exploration Campaign Launched by Brunswick Exploration

Extensive Greenland Lithium Exploration Campaign Launched by Brunswick Exploration

Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; FRANKFURT:1XQ; " BRW " or the " Company ") is pleased to announce it has launched an aggressive regional-scale prospecting and mapping initiative on its sizeable Greenland portfolio that contains hundreds of untested targets using 4 crews and 2 helicopters for six weeks.

Initially, one team will focus on detailed mapping and sampling around the Ivisaartoq spodumene discovery and surrounding areas while the other will focus on the expanded Nuuk and Paamiut licenses as well as the historical spodumene showing at Paamiut. Starting in July, one team will focus on follow-up prospecting at the Nuuk and Paamiut projects based on results from June while the other team will focus on the Disko Bay and Uummannaq projects. Results from the first six weeks will be used to plan advanced exploration programs in August and September 2025, including first pass prospecting across its recently acquired Hinksland project in East Greenland (See new Release of March 13 th , 2025).

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Brunswick Exploration Announces AGM Results

Brunswick Exploration Announces AGM Results

Brunswick Exploration Inc. (" BRW " or the " Corporation ") is pleased to announce the results of its annual general meeting ("AGM") of shareholders held on June 12, 2025. Shareholders holding a total of 80,309,202 common shares of the Corporation attended the AGM in person or were represented by proxy, representing approximately 37 % of the 218,274,932 common shares issued and outstanding.

Pierre Colas, Jeffrey Hussey, André Le Bel, Amy Satov, Mathieu Savard and Robert Wares were re-elected to the board of directors.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Western Uranium & Vanadium Corp.: 2025 Mid-Year Update

Western Uranium & Vanadium Corp.: 2025 Mid-Year Update

Western Uranium & Vanadium Corp. (CSE: WUC,OTC:WSTRF) (OTCQX: WSTRF) (" Western " or the " Company ") filed its Q2 2025 financial statements yesterday on SEDAR+ and EDGAR. The Company is pleased to provide the following 2025 Mid-Year Update.

Uranium Markets and Strategy
The uranium term price has remained highly stable since August 2024 when it first reached $80/lb; it finished July 2025 at $81/lb. The uranium spot market has experienced more volatility, peaking at $106/lb in January 2024, and declining into a 2025 trading range of $64/lb to $78/lb. In 2024, Western responded to favorable market conditions by aggressively ramping up operations and expanding production capacity primarily at its 100% owned Sunday Mine Complex (SMC). While uranium spot prices weakened late in the year, we had anticipated a recovery in 2025, supported by the U.S. ban on Russian uranium (effective 2028) and the Trump administration's strong backing of nuclear energy and domestic mining. The Company's interpretation of market signals was that uranium markets would stabilize at replacement price levels. However, given recent turbulence in global commodity and financial markets, along with geopolitical uncertainties, we have shifted to a more conservative stance, increasingly focusing on cost control and strategic discipline.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Homerun Resources Inc. Completes the Assignment of the CBPM Lease over the Guidoni Belmonte District Silica Mineral Rights

Homerun Resources Inc. Completes the Assignment of the CBPM Lease over the Guidoni Belmonte District Silica Mineral Rights

Homerun Resources Inc. (TSXV: HMR,OTC:HMRFF) (OTCQB: HMRFF) ("Homerun" or the "Company") is pleased to announce that the Company has completed the transaction for the acquisition of the exploitation rights from Guidoni Brasil S.A. ("Guidoni), for areas granted under a lease agreement with Companhia Bahiana de Pesquisa Mineral (CBPM) in the municipality of Belmonte, Bahia, Brazil. All tenements of the Guidoni project are fully permitted for immediate extraction mining and at a lower royalty rate than the Company's previous silica sand supply contracts in the Santa Maria Eterna District.

Further to the News Release dated February 12th, 2025, announcing the total and irrevocable assignment of all rights and responsibilities in favor of Homerun, of the rights to exploit the mining tenements 871.960/1992, 870.462/1999, 870.463/1999 and 873.387/2007, the Company has executed a Term of Assignment with Guidoni, with the Consent of CBPM, for the process number 036.5410.2020.0001386-11, assigning the above mineral rights, subject of bid number 004/2020, along with all its rights and obligations, to Homerun. Under the Guidoni Lease Terms with CBPM, the Company will pay CBPM an extraction royalty of R$26 (US$4.50) per tonne of extracted silica sand.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Brunswick Exploration

Brunswick Exploration Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News

×