M&A
confidence high
sentiment positive
materiality 0.60
Athena Gold agrees to buy two patented claims at Excelsior Springs for $185,000
ATHENA GOLD CORP
- Purchase price of USD $185,000 for 100% interest in Fortunatus and Prout patented lode claims in Nevada.
- Payment: $25k cash, 500k shares (valued at $0.07/share), and a $125k secured loan repayable quarterly.
- Closing on or before July 1, 2022; claims were under lease option expiring June 2023.
- Claims are central to the Excelsior Springs project and include historic Buster Mine high-grade gold.
- Vendor will relinquish 2% NSR royalty on the claims after full payment.