BULLETIN V2025-4176
NEW AGE METALS INC. ("NAM")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 19, 2025
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to the arm's length acquisition of the Magnet Lake Property (to be rebranded as the Bonanza Ridge Project), located approximately 25km southeast of Kenora, Ontario. By way of consideration, the Company will make cash payments totaling $82,500 and will issue common shares with a total value of $235,000 at a deemed price determined by the 10-day trading average prior to issuance. The deemed price per share is subject to a minimum floor price of $0.27 per share. The Property is subject to a 2% NSR in favor of the Optionors.
CASH ($) SECURITIES WORK EXPENDITURES S)
CONSIDERATION $82,000.00 870,370 Common Shares N/A
There was no finder's fee payable.
For further details, please refer to the Company's news release dated December 9, 2025.
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