BULLETIN V2026-2631 FAIRCHILD GOLD CORP. ("FAIR") BULLETIN TYPE: Property-Asset or Share Purchase 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 acquisition 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 issue 12,500,000 shares, pay $600,000 USD (of which $250,000 USD had been previously paid), issue a $3,500,000 USD principal amount non-convertible senior secured promissory note (the "Note"), and grant a 0.5% NSR on the Property, all in favor of the vendors. The 0.5% NSR can be bought back by the Company 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 Company will be assuming several NSRs up to 3.0%, which are further outlined in the Company's news release dated August 14, 2026. 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, March 31, 2026, June 10, 2026, and August 14, 2026 _______________________________________
|
|