BULLETIN V2026-2629
EMERGENT METALS CORP. ("EMR")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: August 14, 2026
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the arm's length disposition of 100% interest in the Golden Arrow Property (the "Property"). The Property consist of 17 patented and 494 unpatented mineral claims located near Tonopah, Nevada, USA. Pursuant to the terms of the agreement, the Company will receive: 12,500,000 shares of the purchaser, $600,000 USD (of which $250,000 USD had been previously paid), a $3,500,000 USD principal amount non-convertible senior secured promissory note (the "Note"), and a 0.5% NSR on the Property. The 0.5% NSR can be bought back by the purchaser for $1 million USD prior to the 4th anniversary of the agreement, or $1.5 million USD if exercised on or after the 4th anniversary of the agreement, but before the 7th anniversary, after which the repurchase right shall expire. The Note bears interest at a rate of 8.5% per annum, payable semi-annually, in cash, and matures on March 23, 2031. The Note has an early payment bonus and principal step-up features, which are both further outlined in the Company's news release dated August 14, 2026.
No finder's fee was paid.
For further details, please refer to the Company's news releases dated September 29, 2025, March 24, 2026, May 4, 2026, June 10, 2026, and August 14, 2026.
_______________________________________
|
|
