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Sitka Gold accelerates acquisition of Clear Creek Property

PUBLIC · SITKFJul 28, 202612 days ago

Acquiring Company

Sitka Gold Corp

Acquired Company

Victoria Gold Corp

VancouverOther

Description

Sitka Gold Corp. has announced the acceleration of its acquisition of a 100% interest in the Clear Creek Property from the receiver of Victoria Gold Corp. The agreement includes a payment of $6 million in cash and a 5.0% NSR royalty at closing. This acquisition solidifies Sitka's complete ownership of the RC Gold Project in Yukon, enhancing their operational capabilities. The completion of this transaction is pending court approval.

Company Information

Company

Sitka Gold Corp

Location

Vancouver, British Columbia, Canada

About

Sitka Gold Corp. is a mineral exploration company with gold discoveries in the Yukon and Nevada, along with other mineral assets within its project portfolio. The company is focused on advancing its gold discovery at the flagship RC Gold Project.

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