Bullboard - Stock Discussion Forum Antler Gold Inc V.ANTL

Alternate Symbol(s): ALRGF

Antler Gold Inc. is a Canadian mineral exploration company. The Company is focused on the acquisition and exploration of mineral projects in Africa's Jurisdictions, with exposure to both gold and Rare Earth Elements (REEs). The Company's Namibia projects include Onkoshi Gold Project, Erongo Gold Project, Paresis Gold Project and Ziggy Copper Project. Its Zambia projects include Kesya REE... see more

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Antler Gold Inc > Antler Gold Announces Option Agreement

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Post by Betteryear2 on May 23, 2024 2:53pm

Antler Gold Announces Option Agreement

Halifax, Nova Scotia--(Newsfile Corp. - May 23, 2024) - Antler Gold Inc. (TSXV: ANTL) ("Antler" or the "Company") is pleased to announce that its subsidiary, Antler Gold Namibia (Pty) Ltd ("Antler Nam"), has signed a binding Letter Of Intent ("LOI") with Fortress Asset Management LLC ("Fortress" or the "Optionee"), an arms-length private company. Pursuant to the Agreement, the Optionee will be granted the right to acquire up to 100% interest in the Company's Erongo Central Gold Project (the "Project") over a three-year period for total consideration of US$ 5.5 million and incurring US$ 6.0 million of exploration expenditures and issuing Antler a 2% net smelter return ("NSR") across the entire Project.

Antler Gold Announces Option Agreement for the Erongo Gold Project in Namibia (newsfilecorp.com)

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