BULLETIN V2026-3104
JAPAN GOLD CORP. ("JG")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: October 2, 2026
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation the Alliance Agreement dated August 13, 2026 (the "Agreement"), among the Issuer, its Japan Gold KK (the Issuer's wholly-owned subsidiary, "JGKK"), and Solidcore Resources PLC ("Solidcore"). Pursuant to the terms of Agreement, the Issuer, JGKK and Solidcore have formed an alliance to carry out mineral exploration and project development in Japan, with a right of Solidcore to earn up to an interest in certain prospecting rights owned by the JGKK ("Target Areas"). Solidcore has made a firm financial commitment of $25,000,000 USD into the Target Areas as part of its option to earn a 49% interest therein with the option to earn-in up to an 80% interest by fulfilling certain milestones, including the funding of a pre-feasibility study and bankable pre-feasibility study within 3 years of the joint venture.
Solidcore has been granted the right of first refusal to match third party offers on the Target Areas, has entered into two-year standstill agreement relating to takeover bids, and has entered into an Investor Rights Agreement allowing the right to maintain its pro rata ownership of the Issuer. Additionally, Solidcore has been granted the right to nominate up to two directors to the Issuer's board granted that it maintains specific shareholding percentages of the Issuer.
For further information, please reference the Company's news release dated September 23, 2026.
_______________________________________
|
|
