Allegiance Resources Acquires Three British Columbia Tungsten Projects

Bitget2026/11/05 12:15

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Allegiance Resources acquired 100% interests in three British Columbia tungsten projects: Thanksgiving, Five T's and Rio Grande.
Consideration included 1,200,000 common shares at a deemed price of $0.175 each, totaling $210,000.
Cash payments comprise $30,000 paid upon signing on September 27, 2026, with $30,000 due March 27, 2027.
Claim holders received a 2% net smelter returns royalty; 1% can be repurchased for $1 million before commercial production.
Other vendors received a 1% net smelter returns royalty; 0.5% can be repurchased for $500,000 before commercial production.

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. Allegiance Resources Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202611050700NEWSFILECNPR____20261105_322664_1) on November 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Allegiance Resources Acquires Three British Columbia Tungsten Projects

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