BULLETIN V2026-1839
CROSSROADS GOLD CORP. ("CRG")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 28, 2026
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the share purchase agreement dated April 23, 2026 (the "Agreement"), between the Company and arm's length party (the "Vendor"), whereby the Company will acquire 100% of the issued and outstanding shares of Rox-Ex Pty Ltd. ("Rox-Ex"). Rox-Ex is the owner of an exploration license (EL9833) in respect of the "Pambula Property" located in the state of New South Wales, Australia and an exploration license application (EL008761) in respect of the "Club Terrace Property" located in the state of Victoria, Australia (the "Assets").
By way of consideration, the Company will pay $250,000 in cash, will issue 2,000,000 common shares to the Vendor at a deemed price $0.20 per share, and $120,000 estimated exploration, environmental and community activities expenditure by November 17, 2030.
The Vendors will retain a 2.0% net smelter returns royalty (the "Royalty") on the Assets. The Company may purchase the Royalty at any time for $2,000,000.
The Company paid advisory fees of comprised of a $1,000 cash payment and the issuance of 40,000 Common Shares at a deemed price of $0.20 per share.
For further details, please refer to Company's news releases dated April 30, 2026, and May 28, 2026.
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