Canadian GoldCamps agrees to acquire 85% stake in Stealthwall West gold project for $435,000 in shares, deferred payment
Reuters2026/08/18 12:05Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Canadian GoldCamps signed a definitive agreement on Aug. 17, 2026 to acquire an initial 85% stake in the Stealthwall West gold project.
- Asset spans 50 mining claims in northeastern Québec, covering about 2,612.5 hectares.
- Consideration totals CAD 435,000, including 3,600,000 shares valued at CAD 360,000 and CAD 75,000 deferred consideration.
- Deal structure provides a path to 100% ownership for CAD 400,000, including CAD 75,000 cash and CAD 325,000 in shares.
- Project will carry a 2% net smelter return royalty if the company reaches 100% ownership.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Canadian Goldcamps Corp. published the original content used to generate this news brief via TheNewswire (Ref. ID: 202608180805TNWSWRCACNPR_____1BglF3ppN) on August 18, 2026, and is solely responsible for the information contained therein.
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