Bullboard - Stock Discussion Forum Athena Gold Ord Shs C.ATHA

Alternate Symbol(s): AHNR

Athena Gold Corporation is engaged in the acquisition and exploration of mineral resources. Its objective is to locate and develop economic precious and base metal properties. The Company is focused on exploring its Excelsior Springs Project located approximately 45 miles southwest of Goldfield in Esmeralda County, Nevada. The Excelsior Springs Project comprises approximately 202 unpatented... see more

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Athena Gold Ord Shs > Athena Gold Announces Transformative Transaction

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Post by Betteryear2 on Sep 11, 2024 7:49am

Athena Gold Announces Transformative Transaction

VACAVILLE, CA / ACCESSWIRE / September 11, 2024 / Athena Gold Corporation (CSE:ATHA)(OTCQB:AHNR) ("Athena" or the "Company") is pleased to announce that the Company has entered into a non-binding letter of intent dated September 9, 2024 (the "LOI") with Libra Lithium Corp. ("Libra"), a privately-held, grassroots explorer, whereby Athena will acquire up to a 100% right, title and interest in the Laird Lake and Oneman Lake gold projects in Ontario (collectively called the "Properties") (the "Acquisition"). Laird Lake is favourably located in the Red Lake Gold Camp and is hosted in a similar structural setting to Kinross Gold's Great Bear project and West Red Lake Gold's nearby Madsen Mine. In connection with the Acquisition, members of Libra's board and management teams are expected to join Athena, with David Goodman, LLB, CFA, joining the Board of Directors as Chairman, and Koby Kushner, P.Eng., CFA, taking on the role of President, CEO and Director. John Power, current President and CEO of Athena, is expected to remain as Secretary and Director. As well, the Company plans to redomicile to Canada. The acquisition is expected to close on or before October 10th, 2024.

Athena Gold Announces Transformative Transaction With Libra To Create a Premier, Discovery Focused Gold Explorer in Nevada and Ontario, With Enhanced Board and Management Team and Plans to Redomicile to Canada (accesswire.com)