BULLETIN V2025-4010
TOOGOOD GOLD CORP. ("TGC")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 10, 2025
TSX Venture Tier 2 Company
TSX Venture Exchange (the "Exchange") has accepted for filing documentation pertaining to a purchase and sale agreement dated November 12, 2025, between the Company and three individual arm's length vendors, (collectively, the "Vendors"), whereby the Company has acquired two licenses located in Newfoundland, Canada. The total purchase price consists of a cash payment of $15,000 and an aggregate of 100,000 common shares of the Company to be issued to the Vendors at a deemed price of $0.18 per share.
The Vendors will retain a 2% Net Smelter Returns (NSR) royalty over the licenses, and the Company may reduce the NSR royalty by making a one-time buyback payment of $1,500,000, which will reduce the NSR from 2.0% to 1.0%.
The transaction is arm's length in nature, and no finder's fee is payable.
For more information, please refer to the Company's news release dated November 13, 2025.
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