STOCK TITAN

Golden Share Announced Property Purchase Agreement with Delta Resources Limited and Extension of Share Agreement with Lipari Diamond

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

Golden Share Resources has signed a Property Purchase Agreement with Delta Resources on November 18, 2024, granting Delta 100% interest in the Elwood property. The property, located west of Thunder Bay, Ontario, covers 16.85 hectares and includes one patented mining claim in Duckworth Townships. Additionally, Golden Share has extended its Share Exchange Agreement with Lipari Diamond to December 31, 2024. The regulatory documentation for the listing is largely complete, with third-party capitalization remaining as the final step to close the RTO.

Golden Share Resources ha firmato un Accordo di Acquisto di Proprietà con Delta Resources il 18 novembre 2024, concedendo a Delta il 100% di interesse nella proprietà di Elwood. La proprietà, situata a ovest di Thunder Bay, Ontario, copre 16,85 ettari e include un diritto minerario brevettato nei Duckworth Townships. Inoltre, Golden Share ha prorogato il suo Accordo di Scambio di Azioni con Lipari Diamond fino al 31 dicembre 2024. La documentazione regolatoria per la quotazione è in gran parte completa, rimanendo come ultimo passo la capitalizzazione di terze parti per chiudere l'RTO.

Golden Share Resources ha firmado un Acuerdo de Compra de Propiedad con Delta Resources el 18 de noviembre de 2024, otorgando a Delta el 100% de interés en la propiedad de Elwood. La propiedad, ubicada al oeste de Thunder Bay, Ontario, abarca 16,85 hectáreas e incluye una reclamación minera patentada en Duckworth Townships. Además, Golden Share ha extendido su Acuerdo de Intercambio de Acciones con Lipari Diamond hasta el 31 de diciembre de 2024. La documentación regulatoria para la cotización está en gran parte completa, quedando como último paso la capitalización de terceros para cerrar el RTO.

Golden Share Resources는 2024년 11월 18일 Delta Resources와 자산 구매 계약을 체결하여 Delta에게 Elwood 자산의 100% 지분을 부여했습니다. 이 자산은 온타리오주 썬더 베이 서쪽에 위치하며, 면적은 16.85헥타르로 Duckworth 타운십에 하나의 특허 채굴 권리가 포함되어 있습니다. 또한 Golden Share는 Lipari Diamond와의 주식 교환 계약을 2024년 12월 31일까지 연장했습니다. 상장에 대한 규제 문서 작업은 대부분 완료되었으며, RTO를 마무리짓기 위해 남은 마지막 단계는 제3자 자본화입니다.

Golden Share Resources a signé un accord d'achat de propriété avec Delta Resources le 18 novembre 2024, accordant à Delta un intérêt de 100% dans la propriété d'Elwood. La propriété, située à l'ouest de Thunder Bay, en Ontario, couvre 16,85 hectares et comprend une revendication minière brevetée dans les Duckworth Townships. De plus, Golden Share a prolongé son accord d'échange d'actions avec Lipari Diamond jusqu'au 31 décembre 2024. La documentation réglementaire pour l'inscription est en grande partie complète, le dernier pas étant la capitalisation par des tiers pour finaliser l'RTO.

Golden Share Resources hat am 18. November 2024 einen Grundstückskaufvertrag mit Delta Resources unterzeichnet, der Delta 100% Interesse an der Elwood-Immobilie gewährt. Die Immobilie, die westlich von Thunder Bay, Ontario, liegt, umfasst 16,85 Hektar und beinhaltet einen patentierten Bergbauanspruch in den Duckworth Townships. Darüber hinaus hat Golden Share sein Aktienaustauschabkommen mit Lipari Diamond bis zum 31. Dezember 2024 verlängert. Die regulatorischen Unterlagen für die Notierung sind größtenteils abgeschlossen, wobei die Kapitalisierung von Dritten als letzter Schritt verbleibt, um das RTO abzuschließen.

Positive
  • Delta Resources acquires 100% interest in the Elwood property
  • Regulatory documentation for Lipari Diamond listing largely completed
Negative
  • None.

Toronto, Ontario--(Newsfile Corp. - November 20, 2024) - Golden Share Resources Corporation (TSXV: GSH) ("Golden Share" or the "Company") is pleased to announce that it has entered into a Property Purchase Agreement with Delta Resources Limited ("Delta") (TSXV: DLTA) (OTC Pink: DTARF) (FSE: 6G01) on November 18, 2024, in which Delta earns a 100% interest of Elwood property of the Company ("Property"), which is located west of Thunder Bay, Ontario and covers approximately 16.85 hectares and comprises 1 patented mining claim in Duckworth Townships of Ontario.

At the same time, the company is pleased to further extend the outside date of the Share Exchange Agreement with Lipari Diamond Ltd. to December 31, 2024. The Company and Lipari have largely completed the regulatory documentation portion of the listing, with the required third-party capitalization the remaining gap to close the RTO. Further updates as they become available.

Qualified Persons

The technical content disclosed in this press release was reviewed and approved by Wes Roberts, P. Eng., a Qualified Person as defined under NI 43-101.

About Golden Share

Golden Share Resources Corporation is a mineral exploration company focusing on the province of Ontario, Canada, a mineral rich and politically stable jurisdiction.

WARNING: Certain statements in this press release may be forward-looking, including those with respect to the timing and content of up-coming work programs, geological interpretations, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks, uncertainties and assumptions. Actual results may differ materially from those currently anticipated in such statements. The Company relies upon litigation protection for forward-looking statements. The reader is warned against undue reliance on these forward-looking statements.

Neither 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.

For more information, please visit www.goldenshare.ca or contact:

Golden Share Resources Corporation
Wes Roberts, P.Eng. CEO
E-mail: info@goldenshare.ca

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/230679

FAQ

What is the size of the Elwood property Delta Resources (DTARF) acquired from Golden Share?

The Elwood property acquired by Delta Resources covers approximately 16.85 hectares and comprises 1 patented mining claim in Duckworth Townships of Ontario.

When did Delta Resources (DTARF) sign the Property Purchase Agreement for the Elwood property?

Delta Resources signed the Property Purchase Agreement with Golden Share on November 18, 2024.

What is the new deadline for the Share Exchange Agreement with Lipari Diamond?

The Share Exchange Agreement with Lipari Diamond has been extended to December 31, 2024.

DELTA RES LTD

OTC:DTARF

DTARF Rankings

DTARF Latest News

DTARF Stock Data

12.54M
109.58M
17.28%
4.68%
Gold
Basic Materials
Link
United States of America
Kingston