BULLETIN V2026-2239
LAHONTAN GOLD CORP. ("LG")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 6, 2026
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the arm's length acquisition of a 100% interest in 27 unpatented lode mining claims located in Mineral County, Nevada (the "Property"), pursuant to an asset purchase agreement (the "Agreement") dated September 30, 2025 between the Company and an arm's length vendor (the "Vendor").
Pursuant to the terms of the Agreement, the Company has acquired the Property by providing the following consideration to the Vendor: (i) a US$10,000 cash payment, (ii) the issuance of 2,000,000 common shares of the Company, and (iii) a US$50,000 promissory note, which bears interest at a rate of 1% per month and is payable within six months of the effective date.
The Company has granted the Vendor a 1% net smelter return royalty (the "NSR") on the Property. At any time before the third anniversary of the Agreement, the Company may purchase 100% (1.0%) of such NSR royalty for US$500,000. After the third and before the seventh anniversary of the Agreement, the Company may purchase 100% (1.0%) of such NSR royalty for US$1,000,000.
For further details, please refer to the Company's news releases dated August 19, 2025 and October 23, 2025.
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